AI

Specifically a question to all the t1 tech clg grads (mainly software engineers) earning 1l+ pm out of clg with a lot of scope for growth. Post mba avg salary is 1.5l per month. I can understand ppl desperate for a career change and non tech ppl who are underpaid and don't really have ab option but it baffles me why well paid folks would shell out 30lakhs kr take the burden of loan just to learn how to appear smarter than you actually are instead of investing it for a meagre salary increase that can be achieved by job switches. I'd love to hear any insights about ppl who've already been in the space. Why u did, salary PRE post sector etc

Because every Santa-Banta startup has started to pitch AI wrappers to me over the last so many month.

The economy went down? Yes. Did it affect all kinds of companies? Yes Did the banks fire any one? No Did the Railways fire anyone? No Did the media agencies fire anyone? No Did Large Tech companies and IT fire people? Absolutely yes Tech is the most ruthless-stupid sector that is so flimsy and short sighted that it doesn't care jack-shit about employees Tech companies will pay employees large salaries in a heartbeat, they'll hire 1000s of them and then fire 100s of them in a heartbeat destroying careers. Sigh!

I am planning to shut down my IT services company after 5 years of operations. The journey has been bitter-sweet but it is becoming unsustainable and putting me under a great amount of duress. I have been a trained ML engineer but since my startup have gone on to taking up mostly non-programming roles/ work. I have tried getting back to development role but have not been able to get back in the same stride as I used to. Lately, I’ve been picking up some consulting work as a Software Architect. Basis, that info, need some advice on how I can plan my professional journey ahead.

Really due to AI is there any risk for developer jobs like java/.net/UI? is this also a reason for layoffs? pls provide your thoughts in comments

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊