>The consequence is the higher performance of programmers, so more tasks can be done in a shorter time so the market pressure and market gap for employees will fall. This means that earnings will either stagnate or fall.
Mostly agree with your post. Historically higher productivity has generally lead to higher total compensation but how this affects individuals during the transition period depends on the details (eg how much pent-up demand for programming is there?).
>The consequence is the higher performance of programmers, so more tasks can be done in a shorter time so the market pressure and market gap for employees will fall. This means that earnings will either stagnate or fall.
Mostly agree with your post. Historically higher productivity has generally lead to higher total compensation but how this affects individuals during the transition period depends on the details (eg how much pent-up demand for programming is there?).