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Tech jobs are getting demolished in ways not seen since 2008

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51–57 of 57 posts

Re: Tech jobs are getting demolished in ways not seen since 2008

#51

Earlier quoted context omitted.

> Makes me wonder if it's just because WFH proved it works, so why not hire from Krakow? As someone in the room when those decisions were/are made, pretty much. Additionally, when the COVID recession began (before the stimulus package) most employers were laying off employees on work visas or giving them the option to open and expand offices in their home country. A lot of senior Indian and Polish Googlers took the o…

For other readers, this is why things like nationalism are important (and so heavily taboo). They're the most effective antidote to this kind of immorality. Unions are an ok compromise, but still allow businesses to leave (rust belt, etc). I’m assuming above poster is an American and is happy to do business, live, etc in America while hollowing out its base for the sake of profits. Paying taxes does not absolve this…

[deleted]

Re: Tech jobs are getting demolished in ways not seen since 2008

#52
post #4

We went from “how can AI be useful to me” to “how can I be useful to AI”. Or headed that way.

Very nicely worded! Everybody needs to think about how they can become the "human in the loop" in any AI based system. Whether we like it or not, all companies are looking to be AI primary and Human secondary with the only limiting factor being cost.

It’s very uncomfortable. But yes, need to figure out how you differentiate and create extreme value with AI.

Re: Tech jobs are getting demolished in ways not seen since 2008

#53

Earlier quoted context omitted.

I agree on sensing some kind of systemic collapse. It feels those with more resources are getting increasingly efficient at extracting wealth from those with fewer resources.

I'm still trying to make sense of it. Every tool increases efficiency at the expense of labor, but when it was the power loom and sewing machine the unemployed seamstresses and weavers couldn't afford to buy one. This time everyone gets a power loom, though. So... what happens to the value of woven goods? And if we apply this to all modern knowledge work, what happens to the overall economy?

AI still can't cook me food, so I guess we become a purely service economy.

Re: Tech jobs are getting demolished in ways not seen since 2008

#54
post #48
post #6

I remember going to school for computer science back in 2004 and literally everyone around me thought I was an idiot. I worked a part time shift at a grocery store and 2 of my coworkers were CS grads without any job offers. Then in 2008 I graduated and the financial market collapsed. My first real programming job paid less than my grocery store job but I was happy I had my foot in the door. I don't remember when the…

Why did they think you were an idiot? I graduated in 2004 and I don't recall anyone thinking a CS degree was a bad idea.

Perhaps your experience varied with zip code, but in the area where I lived at the time, the perception was that software industry was in a decline and acquiring a degree in the field seemed like a dubious bet. Maybe the sentiment was different if you were in the Bay area.

Re: Tech jobs are getting demolished in ways not seen since 2008

#55
post #54
post #48

Earlier quoted context omitted.

Why did they think you were an idiot? I graduated in 2004 and I don't recall anyone thinking a CS degree was a bad idea.

Perhaps your experience varied with zip code, but in the area where I lived at the time, the perception was that software industry was in a decline and acquiring a degree in the field seemed like a dubious bet. Maybe the sentiment was different if you were in the Bay area.

I was in the UK. The effects of the dot com bubble did extend there but I think we had a very different view on it.

Re: Tech jobs are getting demolished in ways not seen since 2008

#56

Earlier quoted context omitted.

I agree on sensing some kind of systemic collapse. It feels those with more resources are getting increasingly efficient at extracting wealth from those with fewer resources.

I'm still trying to make sense of it. Every tool increases efficiency at the expense of labor, but when it was the power loom and sewing machine the unemployed seamstresses and weavers couldn't afford to buy one. This time everyone gets a power loom, though. So... what happens to the value of woven goods? And if we apply this to all modern knowledge work, what happens to the overall economy?

I'd argue that the cost of today's "loom" is less affordable than ever before. Billions of dollars to build a new frontier model from scratch. We're just taking turns playing on someone else's loom.

Re: Tech jobs are getting demolished in ways not seen since 2008

#57

Earlier quoted context omitted.

> Makes me wonder if it's just because WFH proved it works, so why not hire from Krakow? As someone in the room when those decisions were/are made, pretty much. Additionally, when the COVID recession began (before the stimulus package) most employers were laying off employees on work visas or giving them the option to open and expand offices in their home country. A lot of senior Indian and Polish Googlers took the o…

For better or for worse, the most desirable places in the US not only refuse to participate in the race to the bottom anymore, they actively pursue a vendetta against well paying tech jobs opening up (see: Amazon HQ2 in NYC)

You might want to check out how their HQ2 in Virginia is doing before commenting on anything about HQ2.

Most New Yorkers would tell you NY dodged a bullet by not accepting Amazon's corporate BS.

P.S. NYC is far from "the most desirable place in the US". Even as someone who loves the place, I can clearly tell you that most people and companies don't want to be in NYC.

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