Yet tech companies keep posting record profits. Hmm, it's low people on the totem pole get used as pawns so executives can make millions.

It’s not AI - most companies are still in the process of experimenting with it and exploring the limitations of it, and there’s a tonne of shoe leather it doesn’t seem able to help with. If anything, companies need warm bodies to try to generate innovative uses for it.

Feels what we’re seeing is the repercussions of lots of huge tech corps making mass layoffs last year to placate their shareholders in the face of growth stagnation. Of course a lot of those devs got hired back as contractors, and consequently the global contractor market is a shambles atm, but that’s an awful lot of Silicon Vallet devs in the pool who’ll really struggle to replicate that kind of package in the wider world. I certainly felt this when I rocked up in a new city earlier last year with nothing but a CV and a plucky “can-do” attitude. I initially planned to contract but ended up taking perm, because I like food and a roof over my head.

GenAI is a bubble; it will crash sooner of later when companies realize how much money they'll have to spend on the infrastructure.

The hard part is making sure you don't lose your job while clueless execs are still enchanted by the bullshit.

We just solved the housing problem again! We just need to count mortgage defaults from software engineers! My outdoor pet mouse can write printer drivers using AI now. So yeah.