Programmers in USA are paid 100 000 USD a year, when in Eastern Europe best programmers available will hapily work for around 36 000 USD a year. It's still much more than almost everybody else earns here, and they don't have debts after graduating cause university education is free here.
Even if automation of software development won't happen jobs will be transfered to deveoping countries. No reason for that to not happen. Salaries will average out worldwide, and that means they will fall in USA more than rise elsewhere.
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Programmers in USA are paid 100 000 USD a year, when in Eastern Europe best programmers available will hapily work for around 36 000 USD a year. It's still much more than almost everybody else earns here, and they don't have debts after graduating cause university education is free here.
Even if automation of software development won't happen jobs will be transfered to deveoping countries. No reason for that to not happen. Salaries will average out worldwide, and that means they will fall in USA more than rise elsewhere.
So I think the analogy is quite good.