Jevons paradox (via) I've been thinking recently about how the demand for professional software engineers might be affected by the fact that LLMs are getting so good at producing working code, when prompted in the right way.
One possibility is that the price for writing code will fall, in a way that massively increases the demand for custom solutions - resulting in a greater demand for software engineers since the increased value they can provide makes it much easier to justify the expense of hiring them in the first place.
TIL about the related idea of the Jevons paradox, currently explained by Wikipedia like so:
[...] when technological progress increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the falling cost of use induces increases in demand enough that resource use is increased, rather than reduced.
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