3 ms·

> We're not in a bubble. We are in the information era, and cloud computing is helping drive this. We're not necessarily in a bubble, but perhaps there's some

> We're not in a bubble. We are in the information era, and cloud computing is helping drive this. We're not necessarily in a bubble, but perhaps there's some foam? There will be a plethora of programmer jobs for some times go come, but we've also gone quite a while without a meaningful market adjustment, if you will. A point may come where global politics force the industry to be far more regulated than it currently is, and the days of being a self-taught coder with no degree and a poor understanding of security may come to an end. Maybe that doesn't happen, but if it does, I see lots of jobs disappearing and evolving into new ones, and a fraction of people in software deciding it's not worth it anymore. The world has only just started to truly realize how we effectively control information, and if the sentiment towards Silicon Valley gets worse then there may be more calls for regulation and new regulatory bodies; in which case jobs may open up within that new bureaucracy. That hypothesis is irrelevant if the industry was operating at a moderate pace. There's a lot of money still coming from somewhere, and backpressure can create a wave that pushes revenue back in the opposite direction, if even briefly.

e4e78a06 5y ago
> There will be a plethora of programmer jobs for some times go come, but we've also gone quite a while without a meaningful market adjustment, if you will We just went through a massive market adjustment. COVID forced a lot of layoffs and hiring freezes in March 2020 (even in tech) and all the COVID-boom stocks like Zoom, Peloton, etc. have all crashed 50%+. Valuations in private funding are being cut as we speak due to interest rate changes. But salaries for senior engineers have only gone up. > self-taught coder with no degree and a poor understanding of security may come to an end This was never a common outcome in the first place, despite what blogs and bootcamps might have you believe.

e4e78a06 5y ago

> There will be a plethora of programmer jobs for some times go come, but we've also gone quite a while without a meaningful market adjustment, if you will We just went through a massive market adjustment. COVID forced a lot of layoffs and hiring freezes in March 2020 (even in tech) and all the COVID-boom stocks like Zoom, Peloton, etc. have all crashed 50%+. Valuations in private funding are being cut as we speak due to interest rate changes. But salaries for senior engineers have only gone up. > self-taught coder with no degree and a poor understanding of security may come to an end This was never a common outcome in the first place, despite what blogs and bootcamps might have you believe.