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That basic sentiment makes this one of my favorite essays by pg.

When this happens "Hiring will be obsolete" http://www.paulgraham.com/hiring.html

...because we've inspired everyone to do startups. There will be nobody else to hire :)

We're back to the pre-industrial revolution era. Where everyone didn't hire anyone and had their own backyard industry.

Woohoo!

Not really. We are at a new plateau, if you want: stuff that used to be hard is now standard. So people can lift up their heads and get going with something new.

This would only work if everyone in HS either expects to work on web applications or the trend spreads to all industries. That might take a little longer.