I own a small agency and it’s the same for me, but that doesn’t explain the urgency nor the layoffs in the big companies. Yes we are not hiring juniors, but we still hire seniors because they are now more productive. That’s not what we are seeing in big companies.
To me it’s the cumulated effects of many things happening coincidentally:
- Massive offshoring
- Money becoming scarce after the ZIRP era and in the recession except for AI investments
- Near monopoly positions that allow layoffs as a strategy to push stock price, without penalty for the decline in quality (enshittification)
- Cherry on the top, LLMs being able to do the work of juniors when used by seniors
If it was only about AI productivity we wouldn’t see this urgency.
To me it’s the cumulated effects of many things happening coincidentally: - Massive offshoring
- Money becoming scarce after the ZIRP era and in the recession except for AI investments
- Near monopoly positions that allow layoffs as a strategy to push stock price, without penalty for the decline in quality (enshittification)
- Cherry on the top, LLMs being able to do the work of juniors when used by seniors
If it was only about AI productivity we wouldn’t see this urgency.