Comment by bluGill

Something else that really should be mentioned:

Every recession where there was mass lay-offs on programmers (not every recession hits programmers hard), there were many articles saying that whatever that latest thing [see article] was the cause of this and industry is getting rid of programmers they will never need again.

In every case of course "it is the economy stupid". The tools made little difference in the need for programmers. The tools that worked actually increased the need because things you wouldn't even attempt without the tools were now worth hiring extra people to do.