I suspect that any reduction in hiring is more a function of market sentiment than jobs being replaced by AI. Many companies are cutting costs rather than expanding as rapidly as possible during the capture the flag years.
People keep forgetting that the hiring cuts were happening before AI was hyped up. AI is merely the justification right now because it helps stock price.
I don’t think people imagined this would be lasting for over 3 years. People were ready for a bumpy 12-18 months and not for this trend to be the new normal.
You think executives are gonna be saying, “yeah we’re laying off people because our revenue stinks and we have too high of costs!” They’re gonna tell people, “yeah, we definitely got AI. It’s AI, that’s our competitive edge and why we had to do layoffs. We have AI and our competitors don’t. That’s why we’re better. (Oh my god, I hope this works. Please get the stock back up, daddy needs a new yacht.)”
His comments read a lot like typical Indian-superiority complex types believing that Indians are the superior race. It's tiring that shit like this even gets on HN. You're not going to convince him of anything.
Depends on where too. Was just talking to a friend yesterday who works for a military sub (so not just software) and they said their projects are basically bottlenecked by hiring engineers.