I don't know, maybe? I think it's opened the doors to a lot of people who don't really want to program, but do want, for example, a studio appointment booking management system. Which is good; people's needs matter just as much if they don't enjoy programming. You can use it to create a pretty wide range of things, which seems like it's going to change the things that get created in hard-to-predict ways.

Structurally, though, I'm sort of pessimistic.

Throughout my career as a programmer, I've earned much more money than electronic engineers whose skills are mostly very similar, and probably much of this happy situation is due to the fact that my productivity depends only on me having access to a computer with GCC and Perl or Python on it, and the internet. If I were living in rural Malawi, I probably couldn't practice my trade, because the US$200 it takes to buy a working laptop is a year's wages there, and people lack the social permission to innovate. (William Kamkwamba's astounding achievements under those circumstances deserve more recognition. Read his autobiography!) But, if I work in any developed economy, that's somewhere between 1 hour and 20 hours of my earnings, so I'm not dependent on investors to create jobs for me.

By contrast, electrical engineers mostly can't ship their designs unless an investor is willing to put up the capital to produce a batch of PCBs or chips — probably three batches or so before you get a fully working product. If you're working on a cutting-edge chip, that's several million dollars, so you're probably not going to save that up while working as an employee. This puts electrical engineers in a much worse bargaining position relative to investors. To a smaller extent, the same thing applies to machinists, auto mechanics, and many other skilled workers: they only get jobs if investors invest to create jobs for them.

The capital-intensive nature of current AI seems like it might push the negotiation equilibrium for programmers two or three orders of magnitude in favor of investors.

But it might not work out that way, and, at least at the moment, I'm finally bringing about numerous projects I'd been procrastinating on for years.