Comment There's a phrase: "Eating your seed corn" (Score 1) 51
This phrase from the summary caught my eye: "Studies indicate generative AI could automate 30-40% of junior developer and tester tasks." This society better start developing young people and the lower skill tiers if they want that cream that it yields, the cream that drives technology and society. Cream does not automatically appear without regular milk.
If a society decides to prey on its young people instead of developing them, it is setting itself up for decline. The education bubble is a big deal. I remember watching the costs of books and classes skyrocket after the year 2000. The first housing bubble was starting around that time. These are two things that disproportionately harm young people.
The phrase "eating your seed corn" refers to farmers consuming corn seed instead of saving it to plant for next year. That appears to be what's happening over the past 20-some years. Consolidating wealth in the already successful, making it harder for lower skill and financial tiers to build themselves up.
I think it explains the whipsaw politics as well, as people cast votes for more and more nontraditional candidates.