i'm not sure i buy the long-term "*90% productivity*" claims for complex, legacy enterprise systems, but for the boilerplate, libraries, build-tools, and refactoring? the gain is gigantic. all the time-consuming, nerve-wrecking stuff is mostly taken care of.
you start off checking every diff like a hawk, expecting it to break things, but honestly, soon you see it's not necessary most of the time. you just keep your IDE open and feed the "analyze code" output back into it. in java, telling it to "add checkstyle, run mvn verify and repair" works well enough that you can actually go grab a coffee instead of fighting linter warnings.
the theory is that what remains is just the logic and ideas. we'll see how that holds up when the architecture gets genuinely tangled. but for now, letting it branch off, create boilerplate, and write a simple test while you just iterate on the spec works shockingly well. you only write source code when it's too annoying to write down the spec in plain english.
it raises the real question: if your competitor Y just fired 90% of their developers to save a buck, would you blindly follow suit? or would you keep your team, use this massive leverage, and just *dwarf* Y with a vastly better product?
aurareturn•10h ago
Another way of increasing profit is to simply reduce your headcount by 90% while keeping the same profit.*
Hence, I think some companies will keep downsizing. Some companies will hire. It depends a lot.
*Assuming 90% productivity increase.
muzani•7h ago
Is it the same with tech? Facebook has 3 billion monthly active users. No amount of tech will bring that up to 6 billion. If you were to double the amount of time someone spends on Facebook, or double the ads they see or double the click through rate, what does that really mean?
aurareturn•3h ago
I think most companies are making the right call by downsizing instead of staying same size. Let people go to where there is more potential for growth.
hirako2000•2h ago
Taking the example of Facebook. They are in social media, messaging, AI, VR/AR hardware and software, a few other things, meta universe whatever that was, now left with the name. Facebook isn't delivering or successful on all its ventures, it knows that, it keeps investing in other segments.
More productivity would mean at least diversifying, they have some of the best engineers, it would make no sense to not simply attempt to hit the jackpot by playing more machines.
What fewer people talks about is that the entire tech industry is tertiary services. Ads, entertainment, communication, etc. If/when hard industries take a hit, tertiary takes a hit. If it isn't clear to you that the overall economy has already started to take some irreversible dents, and that those will accelerate, know that the capital is well aware.
Or we can continue wishful thinking and seek comfort that monetary tightening is just temporary, investments will flow more into tangent ventures and growth is around the corner, the U.S still is and will remain the world's strongest economy.