Entry-level jobs down by a third since launch of ChatGPT

I think it is possible that the widespread introduction of ChatGPT will cause a brief hiatus on hiring due to the inelasticity of demand. For the sake of argument, imagine that ChatGPT makes your average developer 4x more productive. It will take a while before the expectation becomes that 4x more work is delivered. That 4x more work is scheduled in sprints. That 4x more features are developed. That 4x more projects are sold to clients/users. When the demand eventually catches up (if it exists), the hiring will begin again.

With all the tools around, I think I've maybe become 20% more productive, but 50% less happy in arguing and babysitting the LLMs.