Programming Deflation
5 hours ago
- #Future of coding
- #Programming economics
- #AI in software development
- Augmented coding is reducing the cost, skill barriers, and time needed for software development.
- Two economic theories predict different outcomes: substitution effect (fewer programmers) vs. Jevons’ paradox (more programmers).
- Programming deflation is driven by productivity gains, not economic weakness, leading to unique paradoxes.
- Cheaper tools may accelerate innovation, making every small business a software company and every individual a developer.
- In a world of abundant cheap code, scarcity shifts to understanding, judgment, and system integration.
- Focus on skills like judgment and integration to thrive regardless of future scenarios.
- Embrace cheap tools for simple tasks but save energy for complex problems and system thinking.