A programmer at your average SaaS app produces work that serves many, many customers at once. And for long after they performed the labor.
This effect is also very apparent when you look at the avg cost of goods and services by category over time. Things that don’t scale — legal, healthcare, education — have skyrocketed in price relative to everything else.
So long as this state of affairs doesn’t change, programmers and anyone else whose work can be replicated and distributed effectively infinitely for no cost will continue to make more, more easily.