There are arguments that software development is becoming increasingly unattractive. The workloads are gradually moving to the cloud, there seems to be a surplus of CS students flooding the universities and market, AI tools that automatically generate code are becoming more usable, and so on.
There are different versions of this claim floating around: coding is a dying job, people who lost their jobs in tech layoffs objectively have a harder time finding a job as a developer now compared to 2010-2020, etc.
The purpose of this post is to gather the opinion of the HN users on the question: is software development in decline?
This will be in the sense that, it will be increasingly harder finding a job in software, and it will not be well paid. The students entering the field now should be aware of these issues before investing in this profession.
it's more that with the Fed's rate hikes, cheap money is in decline and so people have to think harder about whether or not it's worth building that next speculative project without carefully really thinking about the certainty of returns.