The market can't support it. The value of software will trend towards zero.
The less society spends on developers, the less valuable software is. If the day comes that we employ zero developers, then software will be worth zero dollars.
And yet, software will still be fulfilling an essential part of society, it just wont be a thing people are willing to pay for. So AI will still be around, and will still be essential (because somehow we have to maintain all this software), and AI will get better and better.
Eventually any knowledge work will be worth zero. Including the C-suite--especially the c-suite!
> Eventually any knowledge work will be worth zero. Including the C-suite--especially the c-suite!
1. I don't think the "c-suite" is knowledge work.
2. If "any knowledge work will be worth zero" what will workers do? Manual labor? That's a horrible regression.
3. I think the direction AI is taking us is world where the only thing that will be worth anything is ownership (basically being rich), and you either own stuff or you don't. And all the ladders to get from no ownership to ownership will be pulled up.
I, for one, enjoy my free water and electricity, which are all free because they're an essential part of society.
Except, they're the ones holding the money. So they can farm their job off to an ai and retire to their yachts.
There’s a flaw in your logic. The value of software doesn’t derive from how much you spend on developers. It’s a function of what customers are willing to pay for the service/product.
If there is no market fit, 100 man-years is worth $0.
On the other hand, if 10K customers are willing to pay $15/month for a tool that took 30 man-months to build you have a handy $150K/month revenue stream.