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Tech employment now significantly worse than the 2008 or 2020 recessions

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Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#641

Post by brainwad »

dijit wrote: post #609
ChadNauseam wrote: post #573

Earlier quoted context omitted.

I don't understand why. People spend money on other things besides housing. Because people spend money on multiple things, it doesn't really make that much sense to say that our index of inflation should track be one thing. I mean, if the price of food and healthcare tripled, I think you would probably say that the inflation metrics should go up. Ofc, focusing on just one thing is very convenient for people who want…

Thats the issue with CPI, it tells a skewed story because it makes presumptions about volumes of things people buy. If Eggs go up 0% and Rent goes up 50%, CPI indicates a “25% growth” which is stupid.

Yes, that would be stupid, which is why it doesn't work that way. The basket is weighted according to how much people spend on each item. Eggs are not weighted the same as rent.

The CPI does have a problem with not updating the basket as frequently as it could, which means it doesn't catch substitution effects and tends to overstate inflation.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#642

Post by lp4v4n »

tokyobreakfast wrote: post #203

This industry is a race to the bottom and long overdue for a massive salary reset. There is no society on Earth where someone who codes JavaScript (poorly) should make more money than, say, a doctor. Yet here we are.

>The median salary for a urologist in the United States is approximately $590,000 per year as of March 2026. Most urologists earn between $550,000 and $630,000 annually.

This guy really thinks doctors make 120k/year.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#643

Post by alchemism »

andrekandre wrote: post #479
post-it wrote: post #113

Earlier quoted context omitted.

> The best engineers can visualize the whole architecture in their head, and describe exactly what they want to an AI I think this must be part of it. I see so many posts about people burning a thousand dollars in AI credits building a small app, and I have no idea why. I use the $20 Claude plan and I rarely run out of usage, and I make all kinds of things. I just describe what I want, do a few back-and-forths of wri…

> I think the folks burning thousands of dollars of credits are unable to describe what they want. my related question whenever i hear a story like that: are they just filthy rich or have any plan to make that money back?

San Francisco, 1849.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#644

Post by chazburger »

I haven’t hired anyone this year, and expect our existing SWE’s to work and not spend time commenting about useless stuff online. Those who produce will get rewarded with amazing pay and company stock, those who sit around and whine get let go.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#646

Post by HarHarVeryFunny »

windowshopping wrote: post #517
HarHarVeryFunny wrote: post #497

Earlier quoted context omitted.

So are the majority of these applications the result of recruiters finding you via LinkedIn, or have you been applying direct as well? What application path have most of the interviews come from?

Both equally. I apply to a lot of stuff on BuiltIn, mostly.

Thanks!

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#647

Post by tossandthrow »

socalgal2 wrote: post #612

This feels like one of those "damed statistics" type of posts. In 2008 Google employed 20k people. Now they employ 190k people. So from that point of view they'd have to fire 170k+1 people to be "worse than 2008". In 2020 they employed 135k people so they'd have to fire 55k people to get back there. Facebook: 2008: 0.8k, 2020: 58k, 2026: 74k Apple: 2008: 32k, 2020: 147k, 2026: 155k Microsoft: 2008: 91k, 2020: 163k, 2…

No, you can't cherry pick.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#648

Post by tossandthrow »

hshsiejensjsj wrote: post #406
jokoon wrote: post #351

People constantly tell me "oh you're a dev it's easy to find work" I'm a c++ dev, with excellent senior tests, but low experience, and no degree in France. 3 years without a job. I yearn for a new pandemic. Fortunately, I learned how to live without a job, found other things to do and how to live a life. Welfare is generous, and I have good savings. Honestly I don't really want to work in software anymore. If there i…

> Fortunately, I learned how to live without a job, found other things to do and how to live a life. Welfare is generous Oh to be French

Well, they live on borrowed time before the EU is putting them on austerity.

Re: Tech employment now significantly worse than the 2008 or 2020 recessions

#650

Post by empath75 »

swader999 wrote: post #620
empath75 wrote: post #310

Earlier quoted context omitted.

I have found in the last 3 months that there are two clear tiers of developers in the company I work at, the ones that can code with AI and the ones that can't, and the ones that can't are all going to be unemployed in 6 months. We have a lot of people where if you gave them clear requirements, they could knock out features and they were useful for that, but I have an army of agents that can do that now for pennies.…

In a few months the 'you' part of your apt description of the current state of things will also be automated.

When i demo’d the automated agent system i built at work to our ceo, he asked me what I thought we would do with it, I said basically “I want to automate every part of my job”. He asked me what my job would be after that and I told him “Automating _your_ job.”
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