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The market was heading for saturation anyway with more and more people getting into it not for interest but job prospects.
by epolanski 1y ago
The market was heading for saturation anyway with more and more people getting into it not for interest but job prospects.
- cmrdporcupine 1y agoThat's the 10-20 year cycle always, though. The .com crash led to a major downgrading in the status of "tech" people for a few years, and then a slow recovery til it was insane again. However, I'm not eager to be living through this again. It feels very spring/summer 2002 to me right now. That was the lowest point for the local market back then. I don't think this latest contraction has much to do with AI though. It's more about higher interest rates, recessionary economy, trade wars, etc etc.
- int_19h 1y agoThat was already a common thing 30 years ago.