alt Hacker NewsThis suggests that the latent demand was a lot but it still doesnt prove it is unbounded.
At some point the low hanging automation fruit gets tapped out. What can be put online that isnt there already? Which business processes are obviously going to be made an order magnitude more efficient?
Moreover, we've never had more developers and we've exited an anomalous period of extraordinarily low interest rates.
The party might be over.
Look at traditional manufacturing. Automation has made massive inroads. Not as much of the economy is directly supporting (eg, auto) manufacturers as it used to be (stats check needed). Nevertheless, there are plenty of mechanical engineering jobs. Not so many lower skill line worker jobs in the US any more, though. You have to ask yourself which category you are in (by analogy). Don’t be the SWE working on the assembly line.