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I don't think the higher pay is true. There are simply less people proficient in new technology at the beginning. You're simply seeing classic demand and respon
by legulere 1y ago
I don't think the higher pay is true. There are simply less people proficient in new technology at the beginning. You're simply seeing classic demand and response play out. After a while things will calm down again.
I think a better comparison is to Jevons Paradox. New Technologies make developers more efficient and thus cheaper. This increases demand more than what is gained by the efficiency increases.
I don't see us anytime soon running out of things that are worth automating, especially if the cost for that continues to drop.