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AI Set to Fuel Software Development Boom, Not Bust, Experts Say

Published: 2026-05-06 14:48:42 | Category: Robotics & IoT

Breaking: AI Predicted to Spur Massive Software Job Growth, Not Elimination

Contrary to widespread fears that artificial intelligence will decimate software development roles, leading technologists and economists are now forecasting a hiring surge. As AI tools dramatically boost coding efficiency, demand for software and the developers who build it is expected to skyrocket.

AI Set to Fuel Software Development Boom, Not Bust, Experts Say
Source: www.infoworld.com

“I’m not even remotely worried about AI eliminating software development jobs,” said an industry analyst familiar with the trends. “In fact, I’m pretty sure there will soon be a boom in both software development jobs and the amount of software available to everyone.”

Background: The Jevons Paradox and Its Modern Relevance

Historical data consistently refutes automation-driven unemployment claims. The 19th-century economist William Jevons observed that as coal-burning became more efficient, overall coal consumption increased — not decreased — because cheaper energy enabled broader industrial use. This is known as the Jevons paradox.

Similarly, automated looms in the 1800s did not destroy weaving jobs; they made textiles cheaper, boosting demand and ultimately creating more employment in the sector. “The same pattern has repeated with computers, robotic manufacturing, and tractors,” noted a labor historian at a prominent university.

Repeated Predictions of Doom That Never Materialized

  • Spinning jenny (1760s) – feared to end hand-spinning jobs; instead, textile industry employment surged.
  • Automobile (early 1900s) – predicted to eliminate horse-and-buggy jobs; later, it created millions in auto and related industries.
  • Robotic manufacturing (1980s) – forecast to wipe out factory workers; instead, manufacturing output and specialized technical roles grew.

“Each innovation brings warnings that ‘this time it’s different,’ said the historian. “Only it never is different.”

AI Set to Fuel Software Development Boom, Not Bust, Experts Say
Source: www.infoworld.com

What This Means: Software’s Appetite Expands with AI

As AI now slashes the time needed to write and test code, the logical outcome is not mass layoffs but a massive expansion of what software can accomplish. “Existing software will suddenly be vastly more useful as the backlog of features can be implemented,” highlighted a software entrepreneurship expert.

Startups and enterprises are already exploring ideas previously too complex to execute. “Marc Andreessen was never so right as when he said that ‘software is eating the world,’” the expert added. “Now that code can be written 10 or 100 times faster, software’s appetite will go from hungry to ravenous.”

A Positive-Sum Game for Devs

The world is never a zero-sum game. “When a company can suddenly produce 10 times more with the people they have, they have always wanted to produce 10 times more, not cut their workforce by 90%,” said an economist specializing in tech labor markets.

“The work that can be done has expanded rapidly,” the expert emphasized. “And that work will be done because there is too much money in building what we have always wanted but that humans alone could not deliver.” As a result, software developers are advised to upskill in AI collaboration tools rather than fear displacement.

Key Takeaway: The more efficient software creation becomes, the more software — and the people to build it — will be needed. The AI era is poised to be a golden age for developers, not an extinction event.