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It's all about timing. Electrical engineers were some of the highest paid and most in-demand engineers from the late 80s to around 2007 or so, due to the explos
by nonameiguess 5y ago
It's all about timing. Electrical engineers were some of the highest paid and most in-demand engineers from the late 80s to around 2007 or so, due to the explosive growth of quantitative finance and synthetic investment vehicles, and the fact that only physics and EE educations were providing the type of skillset in stochastic process modeling you need to do that kind of thing. Then the bubble burst when global credit markets crashed and it turned out a lot of it was castles being built on sand.
Software engineering is in a similar bubble right now thanks to gigantic influxes of VC cash trying to will future monopolies into existence, or at least convince the public markets at some point they've got a decent shot so they can cash out on exit, by undercutting service prices and overpaying developers to keep them from working anywhere else.
Whether it lasts or also comes crashing down we'll see, but historically, every bubble has tended to burst eventually. It's kind of hard to know in advance what the next one will be, especially as a teenager when you're still in a position to tailor your life's educational and career plans to trying to be inside of it when it happens.