Earlier quoted context omitted.
That's unnecessarily rude. Software is still the most well paid, expanding industry of the last 40 years. The parallel still holds. Times will be hard relative to the recent peak, but compared to just about every other industry we'll still be pretty fat and happy. I know that's pretty thin consolation for people who are struggling to find jobs while their classmates from one year before were the subject of bidding wa…
> Software is still the most well paid, expanding industry of the last 40 years. In a lot of the world it's nowhere near as well paid as most of the professions which have comparable requirements in terms of the amount academic study, vocational apprenticeship and natural aptitude needed.
Even in the U.S. I’m not sure where this myth of SWE being the most well paid industry comes from. Try many finance jobs and big law, also medicine in certain specializations. They all pay much better than 95% of all software engineering jobs. It’s also well known that to be an incredibly high paid SWE, you need to be at a large public tech company. That means you’re making a huge bet on their stock - the folks making bank there do so because their equity has appreciated massively. I think one reason for the pervasiveness of this myth is that engineers talk about the fact that they are paid well. Folks in other industries are much quieter about it.