Big Tech Killed the Golden Age of Programming
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Re: Big Tech Killed the Golden Age of Programming
#2This is cyclical to a certain extent.
The same thing happened during Dot Bomb, the Great Recession, and even 2018-20.
Paul G's early blogposts on "ramen profitability" and entrepreneurship hold credence in these kinds of times, as these rightsizing moments do open opportunities to build challengers.
Behemoths like FB, PANW, SNOW, and SFDC were founded during the aftermath of the dot bomb and behemoths like Coinbase, Uber, DoorDash, and Stripe during the Great Recession.
Now that the barrier to building products and companies is much lower than it has been for years, we will see the next generations of rocket ships.
Re: Big Tech Killed the Golden Age of Programming
#3It also caused the "Golden Age of Programming". It's only been a golden age because of high salaries for relatively low effort. So if their needs change, obviously the industry changes. This article has nothing to say really.
Re: Big Tech Killed the Golden Age of Programming
#4Big tech g̶e̶n̶e̶r̶o̶u̶s̶l̶y̶ lavishly supported programmers for a whole generation. This is something to be happy about.
Re: Big Tech Killed the Golden Age of Programming
#5No it was venture capital and low interest rates
Re: Big Tech Killed the Golden Age of Programming
#6The author doesn't appear to have any industry experience whatsoever, which might have contributed to the post being a series of baseless assertions, followed by a non sequitur.
Re: Big Tech Killed the Golden Age of Programming
#7Starts with "It's not the result of regular cycles of employment or the economy." Goes on to describe a classic business cycle.
Re: Big Tech Killed the Golden Age of Programming
#8It also caused the "Golden Age of Programming". It's only been a golden age because of high salaries for relatively low effort. So if their needs change, obviously the industry changes. This article has nothing to say really.
Yeah, it says these aren’t a result of the economy, but they’re obviously the result of the economy? I think the difference is just that big tech has bigger boom/bust cycles than most other industries(at least for now) but I wonder if other world-changing industries; like rail were the same, lots of rail companies went under, probably causing a glut of unemployment for certain types of skilled labor.
On the flip side couldn’t you say too many people bought into the hype and got a software engineering degree / code school without thinking through if this was really the career for them?
Re: Big Tech Killed the Golden Age of Programming
#9Times aren’t tight, the premise of this article is flawed. Big tech is insanely profitable and investors are loving it. The cuts are not a hard necessity but a choice made for a different reason.
Re: Big Tech Killed the Golden Age of Programming
#10No it was venture capital and low interest rates
This seems to the case from what I've seen. The economy was doing great and federal interests rates were practically non-existant. It was the age of free money which big tech took advantage of to higher a lot of people and gave big salaries to keep the best of people. Perhaps just to prevent competition.
I think it is not accurate to say big tech was being generous or that it is their fault it stopped. This is capitalism doing what capitalism does. Taking advantage of the economy at any given moment.