If you have time on your hands and know some basic programming then might I suggest learning some web technologies. Even if you can't land a job quickly you can make some income being an indie hacker too (though you may need to learn at least a few marketing skills and SEO)
Ask HN: What skills will be useful during an upcoming recession/depression?
151–160 of 194 posts
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#152Earlier quoted context omitted.
> My point is that this is no underlying weakness in the global economy. Unfortunately, this is not at all true. There is a tremendous amount of debt in the system and we are on the precipice of a credit crisis that could wipe out a significant chunk of the global economy.
Perhaps. But it sounds like that's independent of the virus? I only meant that the virus event doesn't add any fundamental flaw.
This is why many people are arguing for (and some countries have instituted) debt and rent cancellation for this period of time. That helps avoid tipping the scale and crushing a large portion of the population under the mountains of debt they already have. The US is also quite unique (in the worst possible way) in the massive amounts of medical and student loan debt that folks are saddled with.
[1]: https://www.cnbc.com/2019/01/23/most-americans-dont-have-the...
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#153Cooking from basic ingredients. Growing a basic seasonal garden. Finding ways to be happy with less and appreciate the simple pleasures in life. Placing value on human relationships more than material things. The art of conversation. Enjoying simple/affordable/accessible hobbies.
All of these things seem learnable with available resources except the art of conversation, something that I actually need a lot of work on. And recommendations on how I can improve on this?
- How to Win Friends and Influence People by Dale Carnegie - Never Split the Difference: Negotiating As If Your Life Depended On It by Christopher Voss
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#154Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#155> the effects of the global domino triggered by conoravirus will echo for many years to come. Why? As far as I know there's no underlying systemic financial reason for a depression or recession. The virus sucks. Some companies will no doubt have a bad quarter or two. But viruses pass, and this one will too. > I'm afraid that in this new reality my software/management skills won't be of any use in 6 months. That seems…
That seems like an understatement. 99.9% of businesses in the USA are small businesses. Most that I know will be lucky to survive a month of this, without serious government assistance.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#156Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#157Earlier quoted context omitted.
I've been following many threads on Reddit (and one on HN) about people getting fired already. As there is no indication this trend will be reversed any time soon, I get the feeling that a) lots of industries have already been hit hard and b) things may get progressively worse in the following months. It worries me that, as a huge percentage of the web runs on ads, if lots of industries get into trouble, the ad space…
There will be a lot of layoffs. The question is, what kind of jobs are they? Are these experienced developers with multiple languages and platforms under their belt, or one-trick ponies that came from a bootcamp? You're right - ad-driven web properties won't do well. There is tons of code written every day that does actual revenue-generating work, however. It's not sexy work, it's not VC-funded work, and that's okay.…
During the last recession, many of those that were let go were the "expensive" experienced developers that could command higher salaries than new hires.
I know several experienced developers that lost their jobs last week.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#158Aim to be an expert in your field = what you love to do and you'll be fine. High performing people are unaffected during crisis.
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#159Earlier quoted context omitted.
I second learning to cook - it’s a skill valuable in good times and bad and really helps you to eat cheaply and healthily if you are mindful of your ingredients. There are tons of helpful videos to get you started. I recommend Bon Appétit’s Test Kitchen on YouTube
Also, I've never met a partner who doesn't appreciate it! And in terms of amortizing time spent learning, it's hard to beat getting better at something you do every day. Sometimes multiple times!
Re: Ask HN: What skills will be useful during an upcoming recession/depression?
#160Math and physics carried me through two recessions so far. I never got rich, but also never poor.
Did it make you a better developer?