Average income of CS graduates relative to average US individual income at the midpoint between now and HL-AGI
I don’t think it’s going to change much. Supply might slightly lower as AI tools make it easier for people to write code, but writing code ≠ developing software. Demand might slightly lower initially as existing firms find productivity improvements and markets demand cuts, but the demand for more software is still nearly infinite.
A rush of new, cheap entry-level programmers from the Global South in the 2000s–2010s didn’t really depress wages at all.
I’m not an economist though so I’m probably not qualified to have a good opinion here. I’m speaking as a professional software engineer who has a deep familiarity with these tools.
I don’t think it’s going to change much. Supply might slightly lower as AI tools make it easier for people to write code, but writing code ≠ developing software. Demand might slightly lower initially as existing firms find productivity improvements and markets demand cuts, but the demand for more software is still nearly infinite.
A rush of new, cheap entry-level programmers from the Global South in the 2000s–2010s didn’t really depress wages at all.
I’m not an economist though so I’m probably not qualified to have a good opinion here. I’m speaking as a professional software engineer who has a deep familiarity with these tools.
Thanks for your opinion a lot