Yes, the layoffs are a market correction initiated by non-AI factors, such as the end of the ZIRP era.
The world is chock-full of important, society-scale problems that have been out of reach because the economics have made them costly to work on and therefore risky to invest in. Lowering the cost of software development de-risks investment and increases the total pool of profitable (or potentially profitable) projects.
The companies that will work on those new problems are being conceived or born right now, and [collectively] they'll need lots of AI-native software devs.
> important, society-scale problems that have been out of reach because the economics have made them costly to work on and therefore risky to invest in
What are examples of these projects and how will AI put them back into reach of investment?
The world is chock-full of important, society-scale problems that have been out of reach because the economics have made them costly to work on and therefore risky to invest in. Lowering the cost of software development de-risks investment and increases the total pool of profitable (or potentially profitable) projects.
The companies that will work on those new problems are being conceived or born right now, and [collectively] they'll need lots of AI-native software devs.