Yet these were the "essential workers" during the pandemic. Not the VCs, not the hedge fund managers, not the industrialists or bankers or rich housewives.

And all they got for their efforts were applauds.

Reality is that without their work all our societies would have failed and fallen.

Almost any common folks agrees that for example nurses aren't paid enough.

The real issue is that our "valuation" scheme is controlled by the wealthy not by the people and the only metric is what makes the rich richer.

You're so right.

You can already see how the same thing has played out with computer games. With the modern engines such as Unity almost anyone can make a game. And almost everyone suffers.

And as a result there's now a million games most of which are poor quality asset flips. Everybody suffers, creators and consumers. Race to the bottom where the bottom has been reached. Prices are zero and earnings are zero.

If 15 years ago an indie game dev would allocate 80% to making the game and 20% to marketing etc. Today that will not get anything but it's much better to spend 20% on the game and 80% on the marketing, SEO optimization and attention harvesting. It's a shouting match where it's all about winning the shouting match not producing the best content.

Another race to the bottom.

With respect I say that the one can only feel gobsmacked about how much complexity has grown.

In the 60s inventing one single algorithm with 10 lines of code was a thing.

If you did that today nobody would bat an eye.

Today people write game engines, compilers, languages, whole OS and nobody bats an eye cause there are thousands of those.

Quick sort isn't even a thing for leet code interviews anymore because it's not hard enough.

https://www.citriniresearch.com/p/2028gic

What you bring to the table night be fine, but how long do you think you'll find emoloyers willing to still pay for this?

One thing is for sure LLMs will bring down down the cost of software per some unit and increase the volume.

But..cost = revenue. What is a cost to one party is a revenue to another party. The revenue is what pays salaries.

So when software costs go down the revenues will go down too. When revenues go down lay offs will happen, salary cuts will happen.

This is not fictional. Markets already reacted to this and many software service companies took a hit.