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Meh. Saying this is a new "era" and the old ways are over is nonsense. We're entering what is likely a mild recessionary period with less flowing capital. It's
by tootie 4y ago
Meh. Saying this is a new "era" and the old ways are over is nonsense. We're entering what is likely a mild recessionary period with less flowing capital. It's a market correction. The "era" will last maybe 2 years. Then the upward trajectory will hit again and tech workers will get drone shuttles to work or something by 2030.
- lazide 4y agoDidn’t work that way for the chip companies. Those highly paid jobs pretty much just ceased to exist.
- andromeduck 4y agoSeems like it just changed companies - Google/Apple/Nvidia saw an opportunity and poached a lot of them to death.
- lazide 4y agoNope, completely different people and skills. Original silicon valley was actual making chips, silicon type. And there were a ton of folks here who were expert at it. When it moved to Taiwan, those jobs disappeared from here. The types of jobs you're talking about (high level design layer) didn't exist then.
- andromeduck 4y agoWhen was this?
- woeirua 4y agoRemind me, what happened after the DotCom bubble imploded?
- tootie 4y agoTech sector recovered to astronomical new heights?
- dimal 4y agoIt was the period when people started building real companies that created real value and made money instead of bullshit pump and dump IPO schemes. Some of the talented people being laid off right now could create the next wave of innovation that the MAANGs are too ossified for.
- ssnistfajen 4y agoThe companies that had real objectives instead of pure speculation went on to become multibillion dollar companies?
- krainboltgreene 4y ago> We're entering what is likely a mild recessionary period with less flowing capital. It's a market correction. If this was the case Google could have done an insane mount of other strategies to cut costs, of course why would they when they made $68B last quarter?