Andrew Ng is right: there is no AI jobpocalypse. The Jevons paradox, BLS projections, and CEO behavior all point the same direction.

TL;DR

Andrew Ng's call: software engineering hiring stays strong despite being the sector most affected by AI tools.

US BLS projects 15% software developer growth from 2024 to 2034, vs. 3% for all occupations. AI is cited as a demand driver.

Jevons paradox and Bessen's ATM-teller research show cheaper tools historically expand employment, not shrink it.

For builders: learn AI tools to compound your skills, then build distribution before it commoditizes.

Most 2026 tech layoffs framed as AI efficiency are not about AI replacing workers. They're a mix of post-COVID over-hire correction, slowing revenue growth, and the need to fund $700 billion in AI capital expenditure. Andrew Ng's argument that there is no AI jobpocalypse is supported by US Bureau of Labor Statistics projections of 15% growth in software developer employment through 2034.…