Comment by therealdrag0

You’re right. Hiring depends on revenue streams. Code being cheaper means less coders needed for same code. Less-sr-coders-needed means more senior engineers competing for limited architect/leadership roles.

However, the happy path is that as more code is written, more revenue streams will be developed and more sr engineers will be needed and hired to manage those ballooning codebases. That will be a gradual process of growing the pie though.