There was a similar effect during the dot com boom / crash.
Everyone and their dog got a CS degree, and the average quality of that cohort was abysmal. However, it also created a huge supply of extremely talented people.
The dot-com crash happened, and software development was "over forever", but the talented folks stuck around and are doing fine.
People that wanted to go into CS still did. Some of them used stack overflow and google to pass their courses. They were as unemployable as the bottom of the barrel during the dot com boom.
People realized there was a shortage of programmers, so CS got hot again for a bit. Now LLMs have hit and are disrupting most industries. This means that most industries need to rewrite their software. That'll create demand for now.
Eventually, the LLM bust will come, programming will be "over forever" again, and the cycle will continue. At some point after Moore's law ends the boom and bust cycle will taper off. (As it has for most older engineering disciplines.)
Everyone and their dog got a CS degree, and the average quality of that cohort was abysmal. However, it also created a huge supply of extremely talented people.
The dot-com crash happened, and software development was "over forever", but the talented folks stuck around and are doing fine.
People that wanted to go into CS still did. Some of them used stack overflow and google to pass their courses. They were as unemployable as the bottom of the barrel during the dot com boom.
People realized there was a shortage of programmers, so CS got hot again for a bit. Now LLMs have hit and are disrupting most industries. This means that most industries need to rewrite their software. That'll create demand for now.
Eventually, the LLM bust will come, programming will be "over forever" again, and the cycle will continue. At some point after Moore's law ends the boom and bust cycle will taper off. (As it has for most older engineering disciplines.)