How utterly irrational.
It's ideas like this that make me question why I bother being a programmer for anything more than leisure these days... except that I have no idea what else I could do to keep a roof over my family's head this late in my life.
You call yourselves, "engineers," but I've yet to work for any company that treated you like one or even invested in your future. You're offered a salary well above average for most working adults. They lure you with frivolous perks and stock options. They never send you to school for training, offer you a pension to keep you secure in your golden years, and I've never seen any unions you could join to demand these things from your employers. Your career is probably not going to be on the line if you merge a patch that degrades performance or introduces a timing error. But don't think they'll care about you when it comes to the bottom line. Someone else seeks to profit off of your talents and abilities and nothing else. If they can hire someone to automate you away, they will.
And we're all the poorer for it I think.