Even disregarding the direct arguments that can be made against normalizing this attitude, there isn't a bag of money for most developers. HN is biased to think of the typical smart, hard-working software developer as making enough for a middle-class or upper-middle-class lifestyle, but that hasn't been the case even since before the LLMs of the past couple years. Businesses are offloading more and more and more of the effects of inflation onto employees, rather than sharing the burden. A handful of factors are being used as excuses to accelerate this trend, and AI is one of them.

Welcome to the world the majority of the workforce lives in unfortunately.