That's false. We expect that jobs are growing at both ends of the income distribution with AI [0][1] - yes there are a ton of data annotators and content moderators now, but literally the overwhelming majority of us also expect to see an expansion in standard SWE and SWE adjacent roles with AI/ML vibe coding becoming the norm.

The reason you are facing job losses right now is because Joe in Cary who learnt to code at a bootcamp can't justify being paid $180k a year when I can hire Jan for $90k in Karlin [2] or Jamila for $60k in Koramangla [3] while maintaining equivalent performance and output. Having a president pass an executive order to distract from the Gold Card announcement [4] also played a role [5] just like we warned would happen.

[0] - https://www.ft.com/content/267037e8-a71f-4025-acca-f441fe712...

[1] - https://www.ft.com/content/d6fdc04f-85cf-4358-a686-298c3de0e...

[2] - https://www.levels.fyi/t/software-engineer/locations/prague-...

[3] - https://www.levels.fyi/t/software-engineer/locations/greater...

[4] - https://www.pbs.org/newshour/politics/trump-signs-proclamati...

[5] - https://www.bloomberg.com/news/articles/2026-02-03/alphabet-...