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echelon 2 days ago

AI coding isn't eating the industry, offshoring is.

Inflation, end of ZIRP, and IRS section 174 kicked this off back in 2022 before AI coding was even a thing.

Junior devs won't lose jobs to AI. They'll lose jobs to the global market.

American software developers have lost the stranglehold on the job market.

linotype 2 days ago | parent [-]

Section 174 has been restored, thankfully. We’ll see if the damage is done.

echelon 2 days ago | parent [-]

Fingers crossed. The interest rate is still a tremendously bad problem.

If it had been ZIRP and low interest, companies would have just borrowed to cover the amortization that 174 introduced. But unfortunately money doesn't grow on trees anymore.