Yes, they are still making that much. I am. I don't fully understand why yet but I think it is because of a few reasons:
1. We still need to keep the lights on. If things go wrong, which they still do, humans have to debug it.
2. Jevon's paradox: now the expectation is that we ship stuff faster and there is still a LOT of stuff to do, not less.
3. We are still in the very early days of this and it is too soon for corporations to make a dramatic call like laying off 80% of engineering. We just don't know how that would look like.
1. We still need to keep the lights on. If things go wrong, which they still do, humans have to debug it.
2. Jevon's paradox: now the expectation is that we ship stuff faster and there is still a LOT of stuff to do, not less.
3. We are still in the very early days of this and it is too soon for corporations to make a dramatic call like laying off 80% of engineering. We just don't know how that would look like.