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You have market theory saying that at some point, you will not have enough seniors because no juniors were trained. So seniors will become more and more expensi
by augment_me 1mo ago
You have market theory saying that at some point, you will not have enough seniors because no juniors were trained. So seniors will become more and more expensive due to lack of supply. At some point, it will be cheaper to take the risk and train the junior entry person again, and things will stabilize out. The sad part is that there will be a generation of 10 years or so of lost juniors while seniors are abundant.
- FpUser 1mo ago>"At some point, it will be cheaper to take the risk and train the junior entry person again" I think they will have big problem finding people who will actually train those juniors by then.
- RivieraKid 1mo agoAt that point AI will be significantly more advanced than today.
- augment_me 1mo agoSure but we can't work on hypotheticals. Otherwise we can also say that information work is 90% automated, society has 50% unemployment of white-collar workers and capitalism is over because there is no purchasing power. There is enough incentives from people in power to keep status quo(bread and circuses) that if we are trying to answer the question using another framework than the current one we are just speculating
- seahawks78 1mo ago2022-30 will be known as the lost generation in tech. I think the situation will improve in 2030s and AI/coding will become hot again. Or may be perhaps as soon as Feds start to open their purse to print money again aka QE.