this post was submitted on 12 Sep 2023
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Your issue sounds more like a capitalism issue. FANG companies lay off thousands of employees to cut costs and prepare for changes in the economy. AI didn't make them lay off all those employees, just corporate greed. Until AI can gather requirements, accurately produce code with at least 80%, can compile the software itself, it isn't a threat.
Edit fix autocorrect
I agree though I was following the 80/20 rule. if the softwares essentially free and does 80% of your business needs businesses would be happy. Either way AI is nowhere near that since it requires someone with the knowledge currently to get it anywhere close to a complete project.
I understand how it works. The fact remains that companies already laid off people because of AI, and until now, I have never been unemployed more than 2 months.
I've also never seen a market in which most job posting garner 200 to 500 applications within 24 hours. It is armageddon out here.