The Robots That Will Put Coders Out of Work
snydeq writes Researchers warn that a glut of code is coming that will depress wages and turn coders into Uber drivers, InfoWorld reports. "The researchers — Boston University's Seth Benzell, Laurence Kotlikoff, and Guillermo LaGarda, and Columbia University's Jeffrey Sachs — aren't predicting some silly, Terminator-like robot apocalypse. What they are saying is that our economy is entering a new type of boom-and-bust cycle that accelerates the production of new products and new code so rapidly that supply outstrips demand. The solution to that shortage will be to figure out how not to need those hard-to-find human experts. In fact, it's already happening in some areas."
I read the article, and I'm not buying it.
I can see programmers in some small, well-understood niche markets replaced by complex applications (which require more programmers to write!) and causing some programmers to go looking elsewhere for jobs. But new technologies for computer-aided software design are not going to cause structural unemployment any time soon in the IT profession.
Some reasons include the cost of miracle software-building robots will be at a premium, which means only the biggest players would be able to afford them. And after they purchase them, they will only be able to work well within a limited number of tasks.