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Ask HN: Is it just me, or does the job market for IT seem bad today?

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Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#51

Post by ragnese »

bongodongobob wrote: post #26
ragnese wrote: post #21

Earlier quoted context omitted.

> Perhaps the AI boom will decrease the demand from now on. Waiting for better times may be futile? I'm not claiming to be very knowledgeable about AI/LLMs or the job market or "the economy" in general, but I'd be absolutely shocked to find that the AI stuff has any impact on the current IT job market. I know that some people are using AI tools to help generate code and stuff, but it seems like those tools can't even…

How would it not have any impact? If it allows people to be 10% more productive, you need 10% less people to accomplish the same amount of work.

Most companies "need" to grow, so if you did see 10% more productivity, you aren't going to lay off 10% of your workers--you're just going to enjoy hopefully 10% more profit (grossly simplified).

Not to mention that I'm so skeptical right now that I highly doubt these AI tools are helping IT workers be even 5% more productive.

Historically, every time a new web framework comes out that swears it'll make web devs so much more productive, it doesn't seem like that ever causes a noticeable change in the job market.

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#52

Post by myth_drannon »

afpx wrote: post #24

In the late 90s, early 00s I would submit 5 resumes, get interviews from 4, get offers from 3. The whole process would take a few hours - no studying, no projects, no indefinite rounds of interviews. I could actually talk to the hiring manager and get a sense for my odds of getting the job before putting the effort in. Now it's like submit 1000 resumes, get interviews from 4, spend 20+ hours preparing and doing inter…

The interview process in an average company started to change around mid 2010's, before that it was (mostly) just an hour interview with some FizzBuzz (even that was rare).

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#53

Post by wepple »

bongodongobob wrote: post #26
ragnese wrote: post #21

Earlier quoted context omitted.

> Perhaps the AI boom will decrease the demand from now on. Waiting for better times may be futile? I'm not claiming to be very knowledgeable about AI/LLMs or the job market or "the economy" in general, but I'd be absolutely shocked to find that the AI stuff has any impact on the current IT job market. I know that some people are using AI tools to help generate code and stuff, but it seems like those tools can't even…

How would it not have any impact? If it allows people to be 10% more productive, you need 10% less people to accomplish the same amount of work.

Never works this way. Efficiency gains will result in the expectation of doing more.

Maybe that “more” will be in other areas of the business or economy and thus lead to less headcount, but given how profitable tech is.. I’d assume they’d be redeployed to build more product

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#54

Post by richrichie »

Jeremy1026 wrote: post #13
richrichie wrote: post #4

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.

Fed chairmen don’t tell stories. They are terse. Thats a lot for a fed chairman to claim that government overstated stats.

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#55

Post by datadrivenangel »

IT market is weird right now.

Skilled talent with a good network can find a job fast. I know multiple people who have gotten new jobs within weeks of getting laid off this year.

But I also know people who are absolutely struggling to get a job despite being quite good and putting out lots and lots of applications.

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#56

Post by giancarlostoro »

afpx wrote: post #24

In the late 90s, early 00s I would submit 5 resumes, get interviews from 4, get offers from 3. The whole process would take a few hours - no studying, no projects, no indefinite rounds of interviews. I could actually talk to the hiring manager and get a sense for my odds of getting the job before putting the effort in. Now it's like submit 1000 resumes, get interviews from 4, spend 20+ hours preparing and doing inter…

Might as well pick a name from a hat and hire someone out of those 30 people, and just tell no one that's how you picked them. At least then you wouldn't be wasting their precious time they could be looking at other jobs for.

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#57

Post by afpx »

afpx wrote: post #24

In the late 90s, early 00s I would submit 5 resumes, get interviews from 4, get offers from 3. The whole process would take a few hours - no studying, no projects, no indefinite rounds of interviews. I could actually talk to the hiring manager and get a sense for my odds of getting the job before putting the effort in. Now it's like submit 1000 resumes, get interviews from 4, spend 20+ hours preparing and doing inter…

In contrast, a guy in my neighborhood is a head of some local police task force. He says they have open positions that pay 80-90k a year, and they can't fill them. There are people straight out of the police academy (a couple month process) that are demanding over 100k / year. But, that messes with their overall pay structure because there are officers with 10 years of experience that aren't getting paid that much.

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#58

Post by richrichie »

achileas wrote: post #15
Jeremy1026 wrote: post #13

Earlier quoted context omitted.

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.

ZH is like a less-respectable OAN

[flagged]

Re: Ask HN: Is it just me, or does the job market for IT seem bad today?

#60

Post by richrichie »

toomuchtodo wrote: post #25
achileas wrote: post #15

Earlier quoted context omitted.

ZH is like a less-respectable OAN

Doom porn for the economically unsophisticated.

Lol, stay in your echo chamber. They caught the discrepancy in job stats a year ago.
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