The storm is not AI.
It's the uncountable number of fresh graduates standing behind you to do the same job.
But due to AI and online resources the gap between you and them is very small.
And companies have realised that they can always cull the herd and still an infinite number of near qualified people are ready to step in.
And it will slowly spiral to the bottom.
Go to this person’s twitter feed, read their other tweets, and then decide how much you wanna value their opinion (I don’t know what you’ll see but it is better not to give in to random screenshots and panic).
And I still find it hard to hire good senior engineers. Too many people but less good people.
How much are you offering? For context i have 3.5yoe. and earn ~50, if i were a senior good engineer anything less than 70-80lpa would be insult.
It's the same problem this Twitter account is highlighting. The high earners do almost no work and thus have less or no experience. This has distorted job market beyond any sense. Problem is not good people making good money, problem is having an easy way out by being "experienced" and taking the position that should have gone to a good talent. Good talent thus sees few open positions and people hiring at good salaries see few good employees.
Even if you spending 50 Lakhs+ in India, 9 out of 10 CVs you will get are posers who can hardly make a difference. In the US, a person making equivalent ( say 250 k), is a unit and can build and ship while taking responsibility.
When people write statements without any data, run.
Have you seen earnings of IT companies this quarter? This guy is a charlatan, but it's also true that all is not well.
I am not denying that but it’s a clickbait tweet. What kind of storm? How was IT pay high from 25-30 years? Anyway, present is definitely bad. Let’s see for future
If companies do not nurture talent -> they will become less lucrative over time -> people will stop looking to enter that career path as it is no more financially feasible -> companies will find hard to grow coz of dearth of talent. AI can't do everything
You know it. I know it. We all know it. But they will never know it. Even if they did, they'll never be able to understand it. And will realise it when the train has passed the station.
It's still hard to find strongly technical and competent engineers at mid/senior levels. AI will not strongly solve engineering tasks like systems-level design or evaluating core software decisions.
At best, we will have a plethora of junior software engineers who will be able to write code (leetcode junkies) but have no clue how to think about larger systems or have an opinion on design decisions and are only suitable for following other technical thought leaders at their respective companies.
Competence will always win. The pyramid for quality engineers is just getting broader at the base and narrower at the top.
Just one question to all the tech folks here when was it ever minimal work for high pay? Am i missing out on something?
To all the people here, I have observed way too many posts on salary checks based on experience.
I can pretty much guarantee you, your salary or pay doesn't depend on your years of experience. Your salary or pay depends on these factors...
& Please share your experiences( good, bad & ugly) which can help a newbie to decide on investments at WW.
