I was hoping this would go into how the demand from programmers is temporarily high because X. Maybe AI learns how to program? Maybe we're just seeing investment because of the smartphone revolution? Instead, it basically argued that other jobs are harder. While true, that doesn't hold economic water. The wages he's talking about are part supply and demand, part market conditions and RSUs. All he really convinced me of is that wages will go down in a recession because RSUs won't appreciate.