> All in all, I expect salaries for non FAANG devs to decrease while salaries for FAANG devs to increase slightly (given the increased value they can now make).
I find it interesting how these sort of things are often viewed as a function of technological advancement. I would think that AI development tools would have a marginal effect on wages as opposed to things like interest rates or the ability to raise capital.
Back to the topic at hand however, assuming these tools do get better, it would seemingly greatly increase competition. Assuming these tools get better, a highly skilled team with such tools could prove to be formidable competition to longstanding companies. This would require all companies to up the ante to avoid being outcompeted, requiring even more software to be written.
A company could rest on their laurels, laying off a good portion of their employees, and leaving the rest to maintain the same work, but they run the risk of being disrupted themselves.
Alas, at the job I'm at now my team can't seem to release a rather basic feature, despite everyone being enhanced with AI: nobody seems to understand the code, all the changes seem to break something else, the code's a mess... maybe next year AI will be able to fix this.
I find it interesting how these sort of things are often viewed as a function of technological advancement. I would think that AI development tools would have a marginal effect on wages as opposed to things like interest rates or the ability to raise capital.
Back to the topic at hand however, assuming these tools do get better, it would seemingly greatly increase competition. Assuming these tools get better, a highly skilled team with such tools could prove to be formidable competition to longstanding companies. This would require all companies to up the ante to avoid being outcompeted, requiring even more software to be written.
A company could rest on their laurels, laying off a good portion of their employees, and leaving the rest to maintain the same work, but they run the risk of being disrupted themselves.
Alas, at the job I'm at now my team can't seem to release a rather basic feature, despite everyone being enhanced with AI: nobody seems to understand the code, all the changes seem to break something else, the code's a mess... maybe next year AI will be able to fix this.