Not true. Sell a $0.50 coffee next to Starbucks with the same quality and it will drive demand. Lower prices drive demand.

So, more people will start drinking coffee all together or same amount of people will be redistributed across Starbucks and my new fancy espresso bar?

More people will drink coffee if it’s cheaper and some people from Starbucks will order from you now.

It’s not controversial economics that lower prices drive more demand.

Economics 101, right? Since developing software, writing the technical documentation, and exercising QA became all of the sudden 1000x cheaper than it was a year ago, how come we don't see the substantial increase in demand of software/QA/doc engineers then? I see the opposite happening right now, e.g. many people losing their jobs to $30/month AI model.