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I'm sorry, but this seems like total FUD. Yes, We're coming out of the most insane time ever in the history of the planet to be a software developer, but that d
by jurassic 4y ago
I'm sorry, but this seems like total FUD. Yes, We're coming out of the most insane time ever in the history of the planet to be a software developer, but that doesn't mean there's any reason for new entrants to the industry to despair. People might be popping fewer bottles of champaign for the next little while, but compared to the US economy overall software workers are still living incredibly privileged lives. If you can code, no matter your years of experience, there's a job for you out there.
People should not use Facebook as some kind of canary in the coal mine for tech companies overall. Facebook's star is no longer rising due to recent privacy changes on the Apple platform, but the software sector overall will continue to grow. I don't believe Facebook's decline is some kind of harbinger for the entire industry, since most of the industry is not dependent on violating user privacy to the extent that Facebook has over the last 15 years or so.
And even if the core of what you say is true and the industry overall is headed for contraction, I don't believe the pain will last anywhere near 5 years. Even in the present "crisis" state, anybody with any talent should be able to find a new position in a few months. Looking back to the 2008 crisis, most people were back on track well before the 5-year anniversary.
TLDR: Don't listen to the doomsayers. Even with recent headwinds, I believe tech is still the highest value play for most young people entering the industry today. Unless you've got the chops and the prestige resume to be top of the class at a top law or business program, this is your best shot so you should commit mentally to doing whatever is necessary to maintain your place here. Even if there are a couple lean years, you're going to come out ahead in the long run as one of the people who knows how to control the machines.