11–20 of 120 posts
I think conditions for older employees are getting worse. Teams are outsourced, either to younger people who work from home, or to other countries, making older remaining employees seem like an unnecessarily high cost.
What, older people aren't allowed to work from home?
But for a long time it had been really really good to a point that even people which fairly lacking qualifications could often easily get a job in a very short time frame (through also with some common biases/discrimination e.g. against age, and some positions, like very very well paying ones are still not easy to get).
And I would say that times are about to be over soon.
Honestly what has me worried the most is that nonsensical bias against age often found, as if having experience for 5,10 years is good but dear you have 20 years of experience in server development not its bad .... wtf. Especially given that I don't buy many of the argument people in favor of it often push. Sure the tech landscape is constantly changing but a lot of the base principle aren't really changing that much only the tooling and how you apply them, even with LLM supported programming that is still true. Similar arguments like older people being less willing to work overtime as IMHO misleading as every time I have seen companies (mostly with young people) do a lot of overtime the results where quite subpar in quality to a point that it created some huge issues often just one or two month down the line (or well days later, in some cases). And sure some people really get stuck up with certain approaches with age (but not all), but as far as I can tell that as less of a risk then blindly following the newest trends (e.g. framework) without a deep understanding of the things it implies mid to long term (which is what I have often seen with younger people).
I mean I'm not old yet, but if the industries doesn't fix its mess that will be a problem for me in 10-15 years. (Generally we also need to fix teaching and sustainability of a lot of software development. But that is a different topic, one which has gotten worse through LLMs as they allow keeping unsustainable approaches for a longer time).
Things have been generally bad except for a small group of AI/ML people. If you are in your mid forties and above and lose your job, tough luck. SPY trajectory is misleading as it is dominated by a small set of companies. https://www.zerohedge.com/markets/fed-chair-powell-admits-bi...
Things have been generally bad except for a small group of AI/ML people. If you are in your mid forties and above and lose your job, tough luck. SPY trajectory is misleading as it is dominated by a small set of companies. https://www.zerohedge.com/markets/fed-chair-powell-admits-bi...
This 'article' is taking a lot leeway from the following 11 words, "there is an argument that they may be a bit overstated." This whole thing reads like it belongs on OAN.
I feel like it is pretty bad, although I do noticed that there is a lot off interest in people who can manage self-hosted software using kamal and hetzner for example. guys from 37 signals are really pushing the post vercel era.
Far more a general trend. We have a major transition right now. https://tradingeconomics.com/country-list/interest-rate Most businesses never operate from an operational budget but rather debt. When rates go high, the businesses have to cut the fat. Which generally means the job market tightens. This is but 1 factor in why the governments should be obligated by constitution to balance the budget.
That feels like the wrong lesson. Surely during downturns you want to government to step up spending to stabilise the economy, and to get safe bonds out on the market to compensate for stock market downturn?
That model might work if they cut spending during good times.
As is, the modern government spending model is that they (almost) constantly increase whether things are going well or poorly. Then the next time there's a downtown, government spending as a portion of the (shrinking) economy is a higher % and therefore it takes more to "stabilize" it this time around.
Think of driving down the road. If it's a normal straight road in good weather, you minimally adjust the wheel back and forth and if something happens, you have many degrees of freedom and even momentum pointing you in the right direction.
Now think of a road at night in a storm with lots of curves. As you tighten your hands on the wheel and steer back and forth, things are quite a bit different. The direction you want to go now vs 10 seconds from now are a little different. And a disruption - however so small - may need a bigger reaction to avoid and a bigger after-reaction to recover. Momentum can easily work against you.
The interest rate rises were intended to contract the economy and reduce wage inflation pressure by increasing unemployment, and they seem to have had that effect.
The AI bubble is also causing a lot of companies to believe in the idea of replacing their staff with AI.