If true, this would explain tensions here on HN when discussion of economic issues happens. HN readers are self selected high cognitive ability people.
I would say that in the past... the average IQ for programmers was higher.
Tech literate maybe, but if we judge from the deplorable quality content of the front page the past 1.5 year...
Unless editorialized titles and 2500-word essays on CRUD are what high cognitive ability people are into now!
I am aware there are exceptions to this, which is the reason I joined the site, but I've become disappointed over time to see that they are indeed a minority.