alt Hacker NewsThere's a limit to what the demandXsupply curve can absorb. It really depends if there's twice as many developers or 10 times more. I think we have enough software development jobs to where we can absorb productivity doubling rather easily, not so sure about anything beyond that.
True on the demand/supply curve
I think due to how leveraged software is, the top % of software developers are more desired (and compensated) than ever, and the bottom % will have difficulty finding a role, and there are structural barriers to entering that top % (intelligence, location, etc). Companies have infinite demand for the cream of the crop talent