It's going to be extremely interesting to see what the field of software dev will look like in a few years given how few juniors are getting hired recently.

Same as a few years after the dot com crash and after the financial crisis (assuming that this is a real phenomenon; I’m not currently convinced); a critical skills shortage.

(This isn’t unique to IT; this cyclical underinvest-shortage-panic pattern happens in a lot of industries.)

Corporate incentives are usually not pushing in this direction.

Then why are so many corporations reducing staff citing ai?

Reread the main comment and then mine.

Except its being applied in sectors like law and commerce and is unrelated to specific economic conditions, much as the 10% across the board IT firing was unrelated to specific economic conditions.

I'd say some of it may be the economy but I also think some of it Isn't.

Stonks go up