the number of positions will be reduced as much as the owning class can get away with

Well, after all, you don’t hire people to do nothing. It’s simply a late-stage capitalism thing. Hopefully one day we can take the benefits of that extra productivity and share the wealth. The younger generations seem like they might move us that way in the coming decades.

And by that time, processors and open source AI are good enough that any noob can ask his phone to generate a new app from scratch. You’d only need big corpo for cloud storage and then only when distributed systems written by AI don’t work.