Truck driving is frictional. The management that screwed up something as obvious and profitable as railroads created a frictional desire for diesel trucking to work around their mistakes.
Likewise, strangely, coding is also frictional. The business people who could "write their own code in COBOL" or "write their entire business in excel spreadsheets" would already be programmers if they could program which they can't so they don't AND management will not be up to the task of deploying profitable AI, so coders also have guaranteed work.
To some extent, labor only exists via mismanagement of capital. Humans CLEARLY aren't capable of properly managing a rail logistical infrastructure, so truck drivers have permanent employment. I would theorize that humans aren't capable of deploying AI generated programs, we've barely been able to deploy code written by competent humans, so coders should have permanent employment.
Comments
Truck driving is frictional. The management that screwed up something as obvious and profitable as railroads created a frictional desire for diesel trucking to work around their mistakes.
Likewise, strangely, coding is also frictional. The business people who could "write their own code in COBOL" or "write their entire business in excel spreadsheets" would already be programmers if they could program which they can't so they don't AND management will not be up to the task of deploying profitable AI, so coders also have guaranteed work.
To some extent, labor only exists via mismanagement of capital. Humans CLEARLY aren't capable of properly managing a rail logistical infrastructure, so truck drivers have permanent employment. I would theorize that humans aren't capable of deploying AI generated programs, we've barely been able to deploy code written by competent humans, so coders should have permanent employment.