Yes it absolutely decimate demand for junior coders. My firm has basically frozen hiring, and all existing devs are expected to boost their productivity using one of the all the various AI's or get fired. We expect the economy to get way worse as de-dollarization seems to be looming on the horizon, and preparing now.
What pipelines were you recruiting from?
I see AI decimating "become an engineer in 10 weeks bootcamp" types of coders, but proper engineers? The demand is still exceptionally strong, especially now that Twitter and Meta released a lot of talent on the market at the same time.
> We expect the economy to get way worse as de-dollarization seems to be looming on the horizon, and preparing now.
Economists and computer scientists confirmed it: The de-dollarization will happen the same year as the year of the Linux desktop!