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> AI-assisted coding products drastically reduce the barrier to entry to becoming a “developer.”

Only reason FANG employees are not paid McDonalds salary is because of the barrier to entry.

The barrier will go down yes, but so will wages.

It’s not like the FANG dev lives in a separate universe devoid of the same AI developments as everyone else. If anything I’d imagine the barrier to producing the FANG products of today goes down but the interview process of FANG is still mostly on a curve relative to whatever technology is available at the time. I sort of expect their operating expenses to drop with more AI development, meaning a FANG job becomes more coveted since less employees are required to produce same revenues but you would expect the wages of those fewer employees to increase, no?

yes but i don't think those will be dev jobs. it will either be a much broader, complex job title, requiring much more responsibilities - or it will just be some kind of non meritocratic type of job that isn't reasonably open to everyone...

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