AI Didn’t Kill Devs, Just Made HR And Legal Secretly Code Too
KEY POINTS
- •Atlassian shares jumped 35% in August 2026 after reporting strong revenue growth driven by AI-related demands.
- •CEO Mike Cannon-Brookes predicted more developers will exist in five years thanks to lowered technology build costs.
- •Jira and Confluence users now include two-thirds non-developers, such as human resources, finance, and legal roles.
Once feared to be the Grim Reaper of tech jobs, artificial intelligence actually pulled a plot twist worthy of Netflix: Atlassian shares surged 35% on a Friday in 2026, powered by skyrocketing Jira and Confluence usage. CEO Mike Cannon-Brookes, who probably drinks coffee laced with AI optimism, confidently declared there'll be more developers in five years—because apparently, AI turned everyone from HR managers to legal eagles into code-wielding wizards. The company’s stock tanked over 50% that year, just to rebound harder than a TikTok trend. So while AI was supposed to be the software industry’s mass layoffs herald, it’s actually hosting a digital rager and inviting everyone who once swore they couldn’t code.
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(1 of 3)AI was supposed to poison tech jobs but ended up throwing a wild developer party—HR and lawyers RSVP’d ‘yes’ and brought their own laptops.
Turns out AI creating more jobs means your friendly neighborhood HR rep is now secretly debugging while scheduling meetings.
Atlassian’s stock did the full rollercoaster because AI decided software plumbing is everyone’s hobby now, not just geeks in basements.
Source: Businessinsider | Published: 8/8/2026 | Author: Alistair Barr
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