I'm not so pessimistic. There is an infinite amount of work that could be done. No one would have entertained the idea of rewriting a project in Rust before this. It hasn't replaced anyone's actual job and they still had to hire a high paid employee to pull it off.
I suspect rather than hire less people we will just produce more code changes.
But do the markets care about a Postgres in Rust? Probably not, or at least not right away. It is a long way towards commercial success.
> I suspect rather than hire less people we will just produce more code changes.
Why? Towards what end? Code changes are output, not outcome. It also needs to be connected to someone willing to pay you hard cash. That is the hard part, a race to the bottom, and the reason I also believe there will be downwards pressure on salaries and even employment.
> No one would have entertained the idea of rewriting a project in Rust before this.
I largely agree with your comment, but is this sentence typo'd or something? "Rewrite it in Rust" happens so often that it's become a meme (and that was so before the rise of agentic coding).
Maybe you meant to say that nobody would have entertained the idea of rewriting this project in Rust?