This is one of the interesting aspects the 'AI job loss' community doesn't account for. As the technology unlocks things, more startups are created. And even at a lower nominal engineer-to-work ratio, overall demand for talent still goes up. Ultimately, we are not a single group trying to achieve a common outcome, we are a collection of many groups trying to compete against each other.
> Imagine a future where a handful of people can conduct scientific research and engineering tasks much more rapidly, and with higher quality, than massive teams of scientists and engineers do today. By automating the loops of discovery, the world will be able to make much more rapid advances across countless fields of science.
The problem is that for this to actually become true, compute needs to become commodity again, otherwise this capability will select for people and environments with oversized pockets.