OK, so let me get this straight: Microsoft replaces junior SWEs with AI... and this presumably doesn't really let the company execute any faster, because bottlenecks at MSFT are mostly unrelated to kLOC/hour. But okay. And then they establish a parallel program for people who are kept on Microsoft payroll... while coding in an academic setting... so that they can progress through the rungs of the SWE ladder and eventually be the ones supervising the AI.

This is really what we're doing? This makes sense? Am I taking crazy pills?