It's pretty clear that if AI delivers on its promise it'll decimate the income of all but the top 1% developers

Labor is worth less, capital and equity ownership make more or the same

I don't think that's a forgone conclusion yet.

I continue to hope that we see the opposite effect: the drop of cost in software development drives massively increased demand for both software and our services.

I wrote about that here: https://simonwillison.net/2026/Jan/8/llm-predictions-for-202...