This person seems to be sharing anecdotes about the Data Science job market. That field, which exploded over the last decade, has experienced a rapid contraction. Data teams have shrunk and contain far fewer traditional “Data Scientists” and lean more heavily on engineers who orchestrate and plumb data around. Data Scientists have become the “HTML programmers” of the tech bubble. My advice: take a pay cut and pivot t…
Yea, I feel like "Data Science" was always a Zero Percent Interest phenomenon. It's the software company version of Dogecoin or GameStop or AMC. If you've got free money, why not throw 10mil at the moonshot of discovering a diamond in the rough of your data that revolutionizes your business. For the last 10 years, every data team I've been adjacent to has had a near infinite budget, hired more people than the rest of…
In reality, of course, there probably just isn’t that much money at play so the high-budget approach is unlikely to break even, and more critically it’s unlikely that people are prepared to change how the organization makes decisions. I’ve known some people who worked for places where they had data showing solid improvements but it either hit politics or was simply small enough that their executives didn’t want to go with it because it wasn’t the magnitude they’d promised to justify the data science program.