Expectations are a funny thing, a year ago I thought all software industry will cut at least 30% in a year. It's very far from happening. A big change is obviously coming but now I think I'm good enough to last at least the next 5 years, which suddenly feels like a long time if you see it coming.
The truth is despite these very impressive improvements, most impressive work done by agents require many iterations running in a loop, with tens of thousands of dollars in API pricing. And it's still far from being always reliable. Somewhere along the way hardware will get better, energy will be cheaper, the market will be flooded by chips. There a physical world issues that limit all of these for now, thank god. I think 5 years is a good number.
The real damage is that enterprise work became unbearable. Slop code with slop code review, and overly verbose emails with repetitive presentations. And on the other hand, I now enjoy "coding" for myself like I'm 16 again. All I want to do is sit at home and build apps for myself and family. I barely go to work
I think the change might be orders of magnitude more software being written rather than an order of magnitude fewer developers. There is a HUGE induced demand coming when software is so cheap to write.
I've never been a professional, but I've been coding for nearly 30 years as an amateur, and I've "written" more code in the last year than the previous 29, and it was all tooling for my very non-tech small business. It's cut HOURS out of my week, and it's all software I could not have afforded to pay developers for. But with Lovable, just describe it and iterate.
What IS going to die is software as a service. I've cancelled hundreds of dollars a month of subs and rolled my own better tooling.