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Word on the web is that big tech is clueing in that AI isn't cheaper or better without at minimum intermediate level developers baby sitting it.
I'd love to believe they're also recognizing the skills gap between people entering the industry and what the industry requires is only going to be solved by them hiring and training up entry level people. Sure would love to believe it...
That training gap doesn't show up on this quarter's balance sheet, so it isn't worth addressing.
Pretty much.
I have nothing but calls for violence towards the epstein-shareholder class. Can't reform 'em. And they're fucking our kids either way.
After hundreds of applications with almost no response, I was hired via a cold call. Not proper tech industry, but adjacent.
So... maybe?
I have not seen it but I am over 50 and getting close to two years out of work so I think im low on the totem. do have massive experience that no one seems to be looking for except my latest stuff.
my company has hired 3 people in the past month and is looking for 5 new folks.
it's not tech though. it's entry level research and we pay like 45K to start.
we haven't hired anyone since 2023. all our tech staff have been working here for 10+ years and we only one one tech position like every 5 years.
personally i think the economic forecasts are kinda dumb. There is still a lot of demand out there and once mid-terms are over I think the economy will start growing again, esp if they can fix Trumps stupid shit that has really killed growth.
AI bubble will pop but there is still massive demand in other sectors of the economy. Try working for a healthcare company. there are so many great jobs outside of big tech, but the salaries will be lower. our senior programmer is making like 160K, not 350-500K. way too many folks are really arrogant about their salary expectations
Companies are still having mass layoffs. They overhired in covid, and AI is just their excuse for laying everyone off.
I wonder sometimes because the BIG companies announce layoffs...those people don't just sit there. They get other jobs most of the time.
Ive seen it locally where a big company removed close to 1000 people and a bunch of smaller places ate them up really quick. And then because they are smaller, they don't have to announce layoffs later on (in theory?).
So it looks like the area is going through some kinda downturn...whereas whats actually happening is headcount is exploding all over with smaller places.
I wish I studied economics. This looks fascinating. Maybe someone else can be-bunk what im saying.
so where did all the over hired people come from before covid?
Tech companies want more data. Gotta profit off their AI somehow. Probably pivoting to AI-targeted ads or something