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It could also just be part of an industry maturing. Competition has picked all the low hanging fruit and it’s all more or less become another commodity industr
by mc32 3y ago
It could also just be part of an industry maturing.
Competition has picked all the low hanging fruit and it’s all more or less become another commodity industry.
There was also the switch from people who were naturally attracted to SW dev., CS and EE, to now people who specifically pursue the industry for the perks and not because they’re into it -I think that’s maturation. I think this started about 2005 or so as things became inflated. The dotcom boom certainly perked the ears of many new college freshmen back then and they eventually entered the workforce.
- adra 3y agoNah, as someone who popped into the industry around 2k, a bunch of people bounced out of IT never to return either during or shortly after 2000. To me, its felt a little frothy since ~2010 but this is clearly a subjective approximation. I'm sure a historical compensation chart will show when salaries started to grow precipitous and with them those keen for big wages followed.
- ghaff 3y agoAround 2010 is about the right date. Things had picked back up in tech by 2005/6 approximately but, by then, as you say a fair number of people had just left the industry or never entered it. And, of course, the great recession was not that far in the future. I was laid off right after 9/11 and I was very lucky that someone I knew who owned a very small company was still doing OK and they hired me; certainly I wasn't getting so much as a nibble anywhere else. (They did end up struggling but I was still there for a decently long time, albeit at an unexceptional salary.)