To some level, coding talent could be like Jevons Paradox. The price could go down, but the total spend on coding talent could go way up. I see the point about

To some level, coding talent could be like Jevons Paradox. The price could go down, but the total spend on coding talent could go way up. I see the point about coding being highly scalable, and of course it makes sense that a limited and expensive talent resource has been used on highly scalable business applications. But if coders were much cheaper, it could make sense to apply code to many more, less scalable business problems. While not great for an individual highly paid coder, could be great for productivity growth. Unlike churning out more lawyers, more coders can create a lot of economic value as they increase the overall amount of business automation. I think the policy wonks are less clueless than this author seems to assume.