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The Death of the Junior Developer
(sourcegraph.com)
This is a most excellent place for technology news and articles.
Except "mass" is not useful by itself. It's not a chair factory where more people equals faster delivery, just like 9 women won't deliver a baby in a month. I wish companies understood this.
You're oversimplifying things, drastically.
Corporations don't have one projects, they have dozens, maybe hundreds. And those projects need staffing.
And that's the core of your folly - latency versus throughput. Yes, putting 10 new devs in a project won't increase speed magically. But 200 developers can get 20 projects done, where 10 devs only finish one.