Part of me wants to argue this isn’t a cycle of demand and is instead capitalism. The trades didn’t pay poorly because there were too many people as much as people willing to work for less and the employer will pocket the difference. I admit this is extremely pedantic of me to split hairs here but people have an effective floor for how much they can work for. Coal miners weren’t being told to code because there were too many coal miners but that they could never work for as little as the machines that were replacing them.

To be clear I’m not saying AI is a replacement for programmers, I’m not able to see the future here, but capitalists will attempt to to replace any labor with machines if possible.

If quantum computers become a standard thing in 10 years it could be even worse.

Those places can get internet from satellites outside of low earth orbit that is simply slower with higher latency.

The main problem is that starlink is not a viable ISP like Comcast. Relying on low earth orbit is extremely wasteful as you need to constantly launch more and more satellites. Starlink gives their satellites a 5 year lifespan where fiber can go on for 40 years or more. There are 7,500 starlink satellites, so we’re talking a constant replacement of satellites all falling into earth’s atmosphere, not being recycled.

Starlink is literal space trash waiting to happen.

I thought it was called capitalism.