Tldr pandemic and not AI
One single factor is never the source of a problem. It can be both things causing this.
Technology changes too fast today to plan for a 30 year career doing the same thing in a constantly changing world. Anyone with the skillet should take this as a beacon and pivot, whether keeping the skills fresh and branching out into new ventures with them (i.e. spend some time thinking, get a few peers, make a new product or service to sell to others instead of being cheap labour for someone else's idea), or dropping the skills for another one that isn't likely to get pulled out from under your feet suddenly.
I think we'll need plumbers for a while still, and you can make over $100k/year never touching a shitty pipe.
Anyone who knows anything about software development is not scared by some article with journalists who kniw nothing writing about "AI"
It’s not just software engineering. It’s anyone in tech. Product, UX, Data science / analytics, research, etc. Been this way for about 18 months.
That said, as someone on the UX side of the technology fence, if anyone needs a second set of eyes on a resume or portfolio, DM me and I can take a gander. I’m not hiring now, but I am a hiring manager, and I know what my peers are looking for.
Absolutely the case. I’m a motion designer and thank god I work on the partnship side of my business because that’s actually bringing in money, while the owned and operated businesses are failing. All of tech has just been under the knife the last 18 months and it’s exhausting. We’ve lost two people and no new hires because it’s not in the budget.
Very kind of you to offer! This could really help some people out
The job market is worse now than it was a couple years ago. It's not AI's fault, blame the Federal Reserve Bank and the interest rates. Blame VC, who've been relying on 0 interest loans for so long they don't know how to actually take a risk any more, and will no longer fund startups. Blame cowardly executives of established companies, who are no longer seeing sales numbers increase exponentially forever.
This is what non-zero interest rates do to a motherfucker.
We need universal basic income.
I was laid off last year. Got a job after a while and just survived another layoff today. I agree with this assessment.
It’s all post-pandemic stuff. Executives thought growth would continue, and it didn’t. Then they had to take account for their decisions and make others suffer for them.
That's the funny thing. Common sense says things go back to a sense of normal. Executives lack common sense or foresight.
Normality. That would be nice. Where the rich and powerful… (checks history books)… use their riches and power to get more riches and power.
In all honesty, yes, things will go back to normal. Layoffs shouldn’t be as common in the future, it’s just still post-pandemic stuff we have to get through. Executives will always be cold, but hopefully they won’t expect massive growth in the future and then not get it.
Its not even about the growth, publicly traded companies do layoffs because it makes the stock price go up.
You should be worried when small and midsized comapanies do layoffs that are not publicly traded
I’ve met a lot of people who were boot camp developers. Did a month long class and came out during a period where everyone was hiring anyone with a pulse. Got in the job, barely produced anything, and didn’t really learn much past that. Obviously they were the first to get cut when things got sour. Now, they’re wondering why they can’t get past the tech part of the interview. I feel this might account for a lot of those numbers.
Although this surely does not completely explain the situation, I also have a feeling these sorts of hires surely account for a substantial number of layoffs.
I've spent the last 18 months learning how to program so I could get a job that doesn't make me want to kill myself, not being ironic, and now this bullshit. Am I just forever doomed to be miserable and just not enjoy anything or have a single break in life?
Downturns happen. They don’t last forever. There is a lot of pressure from businesses to depress wages and get more work out of software engineers and IT and etc., since we’re one of the few classes of workers who actually get paid. But thinking that developers will be replaced by AI anytime soon is wishful thinking on the part of the bosses. 20 years ago it was how we’d all get replaced by dirt cheap engineers overseas. Well, I’m still waiting on that to happen. If the MBAs could clearly and unambiguously articulate exactly what needs to be implemented, then maybe it would work. But if they can’t do that when we’re all in a conference room together then they’re sure as shit not doing it over email with a 12 hour time difference.
Keep your head up and keep trying to get an entry level gig somewhere. It doesn’t have to be Google or some hotshot startup or even a tech company. Doing IT or websites for an insurance company is still good experience.
If the MBAs could clearly and unambiguously articulate exactly what needs to be implemented
LOL if only.... If this happened, we'd need half as many engineers, even without AI. It feels like a third of my work hours are dedicated to figuring out what the fuck they actually want, and half of them are dedicated to building the wrong thing because they change their mind or didn't say something.
Shit makes me feel like I should go into management but you could not pay me enough to sit around and talk to these people for 8 hours a day.
Sure, AI would solve some problems if people could actually ask the right questions. But engineers are already being paid to be those translators on their own since companies cannot find any other way to solve this problem.
Hell, even project managers who used to be engineers have trouble figuring out what they need. The reason engineers/general technical folk are valuable is because their job is to pick through the guesswork laid by management and formulate an actual working thing, regardless of whether it's a physical object or a button on a website.
Current language learning model AI has no chance if you can't actually formulate what you really need.
I can make AI write code for me, but actually knowing what I need it to write is more than half the battle
Coding skills are almost always valuable even if you're not coding directly. Depending on what you're good at/interested in, I'd recommend data analysis (everyone has data! Gotta look at it somehow), database management, engineering roles other than just software engineering, IT, etc. Might not pay exactly as well as a big coding job out the gate, but it'll certainly be interesting if you like coding.
Not if you unionize
Don't dispair. Deep and wide skillsets are always valuable. Continue to build your skills and specialize in areas that your peers don't.
Target your region too if you aren't fully remote. Different parts of the country have different trends for tech that is in demand. For instance, I work in IT, and the state that I am in for some reason is by and large Microsoft tech stacks, (no I'm not in Washington.) So .NET and C# devs are in high demand here, as are IT people who have experience scripting with Powershell and developing/administrating in Azure environments. But other areas will be more AWS or Google-centric, or even other stuff.
Identify the trends, figure out what people are looking for and what isn't being met as a need, then train in that.
I work as an “API Consultant” but I do a lot of coding and there’s room to move into an engineer role in the future. So there’s still stuff out there.
My brother was going to school for pharmacy work, but ended up hating it. He mostly was in it because he got thrown into the pharmacy at Walgreens, and they were paying for his schooling.
So he switched over probably about the same time.
I'm thinking maybe he should have just stuck with the free school.
This article isn't really saying anything. It's just saying that a lot of people feel like the job market has gotten tougher, but we don't have any solid evidence to prove that.
Personally, I recently got a new software development job, and it was offered to me from the very first company I interviewed for. (This is out of the ordinary for me, as during past job searches it took me several interviews before I got an offer.) Did I get a job quickly this time because the job market is better, because I've become a better candidate, or because I got lucky? It's impossible to say. Anecdotal evidence doesn't really mean anything when it comes to market competitiveness IMO.
Exactly. I see an insane amount of job postings for my particular field in IT and people are changing jobs left and right in my circle. Which is also anecdotal, so there is that.
I also just got a new job jan 1st. Submitted applications for a few positions, got an interview with 1 and an offer. 40% salary increase. Meanwhile my company was talking about how they couldn't offer any raises because the job market was so bad right now lmao.
AI has very little effect on my job. When the common task I've given is 'write an ASN.1 parser that will fit into 100Kb flash', AI can only copy code from existing ASN.1 libraries, and both of them are GPL-licensed, so it's no-go for a proprietary firmware.
I don't think they are engineers. AI isn't anywhere near replacing engineers yet.
I doubt it has to do with AI, feels more in line with rising global inflation
The 2017 tax bill that the Republicans rammed through had a time bomb in it for software developers. Starting in 2022, companies could no longer expense R&D costs, and instead had to amortize them over 5 years. This has led to massive tax bills in 2023 for companies. I have no doubt that this is another major factor in the recent tech layoffs.
Take an imaginary bootstrapped software business called “Acme Corp.” This company generates $1,000,000 of revenue per year running a SaaS service. It employs five engineers, and pays each $200,000. That is $1,000,000 paid in labor costs. For simplicity, we omit other costs like servers and hosting, even though those costs can also fall under the new R&D rules, and have to be amortized. So, how much taxable profit does this company make?
In 2021, the answer would be zero profit. In 2022, the answer was $900,000 in profits(!!)
https://newsletter.pragmaticengineer.com/p/the-pulse-will-us-companies-hire
That doesn't make sense because salaries are a current expense, not a capital expense to be amortized. And why 5 years? The work a software engineer does may be outdated in a year or two. Only certain legacy applications are around for 5 years.
The amortization time period is supposed to match the usefulness of the item purchased. Basically, software engineers are an ongoing expense, not R&D.
Only certain legacy applications are around for 5 years.
Oh if that were true.
This is old news though. The article is a poll of engineers, which means that the "news" is what we already know.
AI may lead to less hiring but it'll also lead to more software developers creating new competing software, services and technologies.
The likes of Microsoft, Google and Meta may have greatly underestimated the change this may bring to the industry.
Fuck
I mean, I keep seeing news articles about tech companies laying off tons of employees. I don't think many of those companies are going to be hiring very much.
What about the regular engineers? I hardly ever hear about those guys and AI.
Regular engineering is still ok. Most of us didn't get to WFH because we're building physical things, and that hasn't really changed.
As both a regular engineer (electric/computer) and software engineer... The amount of interest I got as a regular engineer never even came remotely close to the deluge of recruitment attempts I regularly got during the pandemic, but it remains consistent. Even now that it has diminished a bit, it's still far more.
This is part of the reason I'm primarily a software developer now because I got recruited and got a huge pay bump, a way better lifestyle, and far better perks.
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