Demand matters significantly for job replacement. If colonoscopies became very cheap and fast, people would not line up for more of them, but if software coding becomes cheaper and faster, there is enormous latent demand for software—embedded in appliances, microprocessors everywhere—so more software might be written rather than fewer coding jobs created.

causalpending

Speaker

David Autor

Evidence Quote

if we get better, cheaper, faster at coding...There's a lot of demand for software...you can't buy an appliance that doesn't have a microprocessor [26:25]

Source

A Threat Bigger than China | MIT Economist David AutorReid Hoffman
Created: 8/11/2026, 6:32:32 AM

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