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Tech is cyclical. I got punched in the face financial-wise by the dot-com crash of the early 00's. I have little reason to believe such crashes won't happen aga
by tabtab 7y ago
Tech is cyclical. I got punched in the face financial-wise by the dot-com crash of the early 00's. I have little reason to believe such crashes won't happen again.
For example, our web standards are ill-fitted for productivity-oriented business applications, creating a lot of wasteful busywork. If new standards came along to address that, many coders would be let go.
And I'm sure there's an AI bubble at play. The PE ratios of AI companies are not realistic: they can't carry themselves from revenue alone. When the crutch of investment money dries up, they'll fall like dominos. If you are in AI, have a Plan B career.