Copied from reddit. What do you guys think?
Lot disagree. Only one thing is true . This is not recession but stabilization. It will be for a while till the year end. Believe it or not , elections do impact markets and hiring a lot. Lot of projects dont start in US or get shortened during this time.
For freshers, you are in for a tough year . Spend lot more time on upskilling and getting trained somehow.
Doesn't make much sense. Totally disagreed with point 2. One of the podcasts of Nikhil Kamath with VCs. All of them talked about the same thing there are a lot of interests in the Indian market and money is ready to be invested. You should watch too.
To be honest nothing is in danger due to AI.
To explain my point : Everything is dependent on economies and economy is dependent on demand and supply. If AI takes away jobs the PPP will be reduced this will reduce overall demand which will directly impact the economy. Which will inturn drop demand and investment in stocks as well which will cause stagnation in global markets as markets only work once money moves. If market is stagnant than its permanent recession/depression so overall economies will collapse. Thus no government is going to harm their economies just for the sake of AI running wild. So keep calm and hold your seats. Definitely there will be change in working style and type of jobs. Nothing much. And even in that case tech workers can adopt much faster than any other type of workforce.
Open for comments.
Probably this is coming from a person in services sector or tier 3 background. Asking engineers to go for shit banking exams MF
This is dumb advice. Very myopic view of everything.
It’s like text form of what is obviously a very clickbaity YouTube video with sensationalism but little facts.
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Is job market recovering ? I m seeing so many job postings with 10+ lpa for freshers
Still many complain abt bad market showcasing recent google layoffs
I'm planning to switch , I'm not sure this is good idea or not!
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