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Recession and crisis in the IT industry. 7 months of interviews with 50 managers

trojanczyk.eu

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Re: Recession and crisis in the IT industry. 7 months of interviews with 50 managers

#11

Post by thntk »

Isn't it the technological cycle in IT? We have seen PC softwares in the 90s, then web apps, then mobile apps, and now AI services. Except that currently AI is immature, so companies do not know exactly what to do with it yet. They are just conscious about previous cycles, so they overreact with massive layoff to rebudget for whatever new threats and opportunities.

Despite their efforts, I suspect new companies will appear anyway and grow massively like previous cycles, and hiring will increase again. So if you were laid off or a new grad, it seems now is great time for startup, or at least to learn new skills instead of getting rehired immediately by the existing companies.

Re: Recession and crisis in the IT industry. 7 months of interviews with 50 managers

#12

Post by benterix »

pierrelf wrote: post #8

What's up with the cookie banner not having a deny option

My first thought: "Which cookie banner?". I was sure uBlock Origin has removed it for me. Then I went back and I realized it's not the case - I just became cookie-banner blind.

Re: Recession and crisis in the IT industry. 7 months of interviews with 50 managers

#13

Post by hoxel »

flurie wrote: post #6

I'm curious what the point of this piece is. If the goal is to sell the author's book, it has not done a great job of selling it to me. There's a lot of information missing here, and it is not clear to me that the author has a fundamental understanding of how to conduct qualitative research. The introduction does not clearly state the problem, leaving us to understand that the topic is the "recession and crisis" from…

What do you mean by USA not experiencing a recession or stagnation? What about recent collapse of the stock market, which was experience due to predictions coming from the U.S. - inflation and recession exactly?

As for the book - it's hard for me to say, but I'm not convinced that the author is trying to sell us anything. Especially since, as you can see, the website doesn't have it yet. But if you switch to the Polish version (because the author is from that country, I think) you can see that the book is published for free and you can optionally donate money to some organization (I think taking care Bleeding Disorders).

Re: Recession and crisis in the IT industry. 7 months of interviews with 50 managers

#14

Post by hoxel »

kkfx wrote: post #7

IMVHO the IT crisis is the cleptocracy crisis. I mean for business reasons there was and still is an immense push toward cloud+mobile, and archaic mainframe model even worse than the original one, and now a push toward ML for stuff ML is useless for or still far from being usable. For a certain amount of time people bought the hype but the honeymoon period is short. Some recap for instance: - full-stack virtualizatio…

Very interesting point of view

Re: Recession and crisis in the IT industry. 7 months of interviews with 50 managers

#15

Post by aagha »

hoxel wrote: post #13
flurie wrote: post #6

I'm curious what the point of this piece is. If the goal is to sell the author's book, it has not done a great job of selling it to me. There's a lot of information missing here, and it is not clear to me that the author has a fundamental understanding of how to conduct qualitative research. The introduction does not clearly state the problem, leaving us to understand that the topic is the "recession and crisis" from…

What do you mean by USA not experiencing a recession or stagnation? What about recent collapse of the stock market, which was experience due to predictions coming from the U.S. - inflation and recession exactly? As for the book - it's hard for me to say, but I'm not convinced that the author is trying to sell us anything. Especially since, as you can see, the website doesn't have it yet. But if you switch to the Poli…

> What about recent collapse of the stock market

What collapse!?

By the end of the week, the market was down less than 2%.

Re: Recession and crisis in the IT industry. 7 months of interviews with 50 managers

#16

Post by hoxel »

tiahura wrote: post #10

This mostly seems like a recognition that Europe is being left behind. That was the choice they made and now their kids will get to live with it.

Don't you think there's a war going on in Europe right now and it's affecting a lot of industries?

Re: Recession and crisis in the IT industry. 7 months of interviews with 50 managers

#17

Post by flurie »

hoxel wrote: post #13
flurie wrote: post #6

I'm curious what the point of this piece is. If the goal is to sell the author's book, it has not done a great job of selling it to me. There's a lot of information missing here, and it is not clear to me that the author has a fundamental understanding of how to conduct qualitative research. The introduction does not clearly state the problem, leaving us to understand that the topic is the "recession and crisis" from…

What do you mean by USA not experiencing a recession or stagnation? What about recent collapse of the stock market, which was experience due to predictions coming from the U.S. - inflation and recession exactly? As for the book - it's hard for me to say, but I'm not convinced that the author is trying to sell us anything. Especially since, as you can see, the website doesn't have it yet. But if you switch to the Poli…

I didn't use the word "stagnation," and "recession" has a core definition that is pretty broadly accepted[1]. I have no opinion on whether or not the recent dip merits a recession, but it is not enough to define one on its own.

The other word used was "crisis," and my criticism is that the word is broad and never defined.

My usage of the word "sell" is more similar to "persuade" and is a valid definition[2].

[1] https://en.wikipedia.org/wiki/Recession#Definitions

[2] https://dictionary.cambridge.org/us/dictionary/english/sell

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