Salary should not be conflated with total comp. Picking the "hyperscale ultra-growth" startup is like winning the lottery, or investing in a donut shop that strikes oil. Working there comes with an implicit investment, survivorship bias makes this seem more consistent than this actually is. It's a mixture of software engineering and entrepreneurship, the two should be separated to properly evaluate the risk.
Panic at the Job Market
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Re: Panic at the Job Market
#12The article is saying that tech jobs are declining due to high interest rates. It's also saying that companies now expect you to perform tasks from multiple departments, leading to burnout and low job satisfaction when you do get a job.
It's impossible to get hired but once you will, you own the app, entire stack, and have side tasks. Salary perhaps 10% higher than pre-Covid.
And one of the annoying things about the job market is you could get 10-20x the compensation at another company doing the same or less work :P
Re: Panic at the Job Market
#13[flagged]
And there is no way in hell the reason he can’t bulk more is that he wouldn’t be able to afford rent if he ate, idk, an extra chicken breast or two each day.
The unnecessary physique pic + exaggerated insecurity + front-running of non-existent aesthetic critiques indicates he definitely does work out regularly, though (not being snide; everyone I know who lifts seems to inevitably reach that stage).
Re: Panic at the Job Market
#14[deleted]
Re: Panic at the Job Market
#15Wild that explanations of the tech job market like this are still being written without referencing the tax consequences of Section 174 changes.
Re: Panic at the Job Market
#16The article is saying that tech jobs are declining due to high interest rates. It's also saying that companies now expect you to perform tasks from multiple departments, leading to burnout and low job satisfaction when you do get a job.
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Re: Panic at the Job Market
#17Earlier quoted context omitted.
Thanks for the summary. The article looks interesting, but I didn't have the time to properly read it.
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It seems to do really well at that. It reminded me of the article “is ChatGPT a bit unsporting?”: https://news.ycombinator.com/item?id=37069387
Re: Panic at the Job Market
#18"we see correlation is causation and you can’t argue otherwise:" Right. Because none of us remember what was going on in the world at the time.
Can you explain further? I assumed you were talking about COVID, but the decline in jobs lags a few years behind so I'm not sure I'm tracking your point.
Re: Panic at the Job Market
#19Re: Panic at the Job Market
#20[flagged]
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