6 ms·

> Good to know there’s another 10-15 years of high salaries before the gravy train stops. Sorry but how did you arrive at this conclusion with exact year range

by vecinu 6y ago

> Good to know there’s another 10-15 years of high salaries before the gravy train stops. Sorry but how did you arrive at this conclusion with exact year ranges?

thewarrior 6y ago
Thats around the time it'll take the students / college students to learn and become experienced developers. Plus everyone switching now because of bootcamps and Covid. Its also a pretty wide range.
- trap_chateau 6y ago
  What about the concept that some people stop working in this industry? Especially as tech stacks ever evolve, and some people grow weary of having to keep up when they can go do x job and be just as happy. It's not like the world of developers is just gonna explode with talent and wages are gonna go nilch so easily. The BLS expects another ~300,000 software engineering jobs in the next decade.[1] Will the fresh grads really be enough to hit that goal and more? Besides, an influx of talent to the industry also brings the immeasurable future possibility of new innovation and growth. Is it really impossible that this will outpace the rate of entering labor, so that wages dont stagnate hard? I don't have all the answers, but I'm not entirely sure doom will come that quickly for us ;) [1] https://www.bls.gov/ooh/computer-and-information-technology/mobile/software-developers.htm https://www.bls.gov/ooh/computer-and-information-technology/...
  - thewarrior 6y ago
    I expect increasing remote work and global outsourcing to take a big chunk out of the 300k. Covid has changed how we live and work. Remote first means global first. If you are experienced you are probably fine as long as you can make senior in the next 5-10 years. Its the n00bs who will struggle to move up.
runawaybottle 6y ago
It’s actually a conservative estimate with the variable being tech growth (10-15 years no tech growth, I’d honestly put that number lower). If these tech ipos don’t realize their supposed profit potential (trading at large valuations), the industry will retract. The inflow of labor will then just sort itself out (job cuts, no new jobs, wage cuts - standard race to the bottom). We need tech growth to justify the inflow, or else. :( The bootcamp runners are not really invested in career stability. They make their money at the entrance, what happens after is, literally, not their business. It’s the same as Comp Lit professors in college. Their business is to sell you that between 18-22. What happens after? They don’t give a shit. It’s odd, it’s like the same enemy that got you the first time, ends up getting you again. Shame on who? I lost count. If you are seriously going to make a career change, try Medical. It’s harder for a reason.

by vecinu 6y ago

> Good to know there’s another 10-15 years of high salaries before the gravy train stops. Sorry but how did you arrive at this conclusion with exact year ranges?

thewarrior 6y ago

Thats around the time it'll take the students / college students to learn and become experienced developers. Plus everyone switching now because of bootcamps and Covid. Its also a pretty wide range.

trap_chateau 6y ago
What about the concept that some people stop working in this industry? Especially as tech stacks ever evolve, and some people grow weary of having to keep up when they can go do x job and be just as happy. It's not like the world of developers is just gonna explode with talent and wages are gonna go nilch so easily. The BLS expects another ~300,000 software engineering jobs in the next decade.[1] Will the fresh grads really be enough to hit that goal and more? Besides, an influx of talent to the industry also brings the immeasurable future possibility of new innovation and growth. Is it really impossible that this will outpace the rate of entering labor, so that wages dont stagnate hard? I don't have all the answers, but I'm not entirely sure doom will come that quickly for us ;) [1] https://www.bls.gov/ooh/computer-and-information-technology/mobile/software-developers.htm https://www.bls.gov/ooh/computer-and-information-technology/...
- thewarrior 6y ago
  I expect increasing remote work and global outsourcing to take a big chunk out of the 300k. Covid has changed how we live and work. Remote first means global first. If you are experienced you are probably fine as long as you can make senior in the next 5-10 years. Its the n00bs who will struggle to move up.

runawaybottle 6y ago

It’s actually a conservative estimate with the variable being tech growth (10-15 years no tech growth, I’d honestly put that number lower). If these tech ipos don’t realize their supposed profit potential (trading at large valuations), the industry will retract. The inflow of labor will then just sort itself out (job cuts, no new jobs, wage cuts - standard race to the bottom). We need tech growth to justify the inflow, or else. :( The bootcamp runners are not really invested in career stability. They make their money at the entrance, what happens after is, literally, not their business. It’s the same as Comp Lit professors in college. Their business is to sell you that between 18-22. What happens after? They don’t give a shit. It’s odd, it’s like the same enemy that got you the first time, ends up getting you again. Shame on who? I lost count. If you are seriously going to make a career change, try Medical. It’s harder for a reason.