Matthew Martin ☑ ✅📛 on Nostr: AI means developers can write 5x the code (from my experience), so the cost of a line ...
AI means developers can write 5x the code (from my experience), so the cost of a line of code just dropped by 80%. That means with elastic demand for software developers, there will be more demand for software developers.
Non economists like to imagine all supply & demand curves are vertical & efficiencies lead only to job losses.
Published at
2024-01-25 13:06:48Event JSON
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"content": "AI means developers can write 5x the code (from my experience), so the cost of a line of code just dropped by 80%. That means with elastic demand for software developers, there will be more demand for software developers.\n\nNon economists like to imagine all supply \u0026 demand curves are vertical \u0026 efficiencies lead only to job losses.",
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