4 ms·
I have a theory that the dot-com bust in 2000 and the outsourcing/offshoring hype in 2004ish basically wiped out two generations of computer science students.
by nhashem 16y ago
I have a theory that the dot-com bust in 2000 and the outsourcing/offshoring hype in 2004ish basically wiped out two generations of computer science students. I graduated in 2004 and I remember the number of students in my major decreased dramatically between my freshman and sophomore year (some of that is the usual engineering major attrition, but I didn't see nearly the same decline as my friends in electrical/mechanical/etc). A coworker who graduated in 2007 told me his friends kept telling him to change his major "because all the jobs are going to India anyway." Meanwhile, the exact opposite thing happened. Growth on the web continues to explode and the demand for skill workers to support that growth continues to climb. Could this by why the shortage seems especially pronounced?
- hga 16y agoCould be. For hard numbers, the dot.com/fiber-telecom bust caused MIT's EECS enrollment to crash from 400 students per class, a number that had been stable for more than 2 decades, to less than 200. It's now gotten a bit better (a bit over 200), but no one expects a return to the glory days. As I recall reading somewhere recently, overall nationally the effect was the same, from 20,000 to 10,000 majors annually granted. I'd also add one big factor: despite the poo-pooing by some of age discrimination, it's very real and when your parents or friends of your parents tell you from harsh experience that your career will be over when you reach 35-40 years of age, you listen if you have any sense. Of course, now the name of the game is to get a good starting job, period. I suspect that has more than a little to do with the slight recent upturn.