David Sacks

And I think Aaron Levy had a really good explanation of why you might see something very counterintuitive happening.

And I think Aaron Levy had a really good explanation of why you might see something very counterintuitive happening.

And again, it all goes back to Jevons paradox.

And again, it all goes back to Jevons paradox.

But what Aaron says is that when you lower the cost of something that was previously supply constrained, demand for that thing goes up.

But what Aaron says is that when you lower the cost of something that was previously supply constrained, demand for that thing goes up.

Software engineering is just one of the easiest examples to contemplate, but there are going to be many other jobs like that.

Software engineering is just one of the easiest examples to contemplate, but there are going to be many other jobs like that.

But think about software engineering, even among startups in Silicon Valley, which I think are probably some of the most attractive places for software engineers to work.

But think about software engineering, even among startups in Silicon Valley, which I think are probably some of the most attractive places for software engineers to work.

There's always been a chronic shortage of them.

There's always been a chronic shortage of them.

Then you've got the Fortune 500 companies, non-tech companies, which have always had an even harder time hiring technical talent.

Then you've got the Fortune 500 companies, non-tech companies, which have always had an even harder time hiring technical talent.

So you have this massive, unfilled need for software engineers across the entire economy.

So you have this massive, unfilled need for software engineers across the entire economy.

Now you're going to be able to get a lot more leverage out of software engineers.

Now you're going to be able to get a lot more leverage out of software engineers.

It doesn't mean they're going to get fired.

It doesn't mean they're going to get fired.