CS is going through the abundance phase of its cyclical mismatch between jobs-available and candidates seeking jobs. This is driven by a decade of healthy indus

CS is going through the abundance phase of its cyclical mismatch between jobs-available and candidates seeking jobs. This is driven by a decade of healthy industry hiring, which has seen a lot of candidates (plus existing faculty) depart academia for greener pastures. (NB: if you happen to be in ML, then nothing you’re experiencing now should be viewed as normal — this an unusual hiring spree due to “hot field” FOMO.) Eventually the economy will cool down the way it did in the early 2000s and after the 2007/2008 cycle: then you’ll see what musical chairs looks like when the music stops.