Tech job market: will pendulum eventually swing the other…
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Tech job market: will pendulum eventually swing the other way because of AI?
I work in tech. Since 2023, the tech job market in North America has been getting progressively worse every year. We have constant mass layoffs of engineers and other roles, usually explained by companies “because AI”.
I’m fairly certain that this is mostly a lie targeted at Wall Street, because while AI increases productivity, it’s nowhere near the level where it could start reliably replacing humans even in junior positions.
So right now, we have smaller teams forced to use AI to produce more. I think this will eventually lead to the point where over time, tech companies accrue massive tech debt, which will be solvable only by strong human engineers (unless there’s an order of magnitude size breakthrough in AI development soon, that will allow AI to actually work with massive complex codebases, reliably). Eventually, companies will need to start hiring back more staff, and the job market should bounce back.
Am I being too optimistic?
#technology
I work in tech. Since 2023, the tech job market in North America has been getting progressively worse every year. We have constant mass layoffs of engineers and other roles, usually explained by companies “because AI”.
I’m fairly certain that this is mostly a lie targeted at Wall Street, because while AI increases productivity, it’s nowhere near the level where it could start reliably replacing humans even in junior positions.
So right now, we have smaller teams forced to use AI to produce more. I think this will eventually lead to the point where over time, tech companies accrue massive tech debt, which will be solvable only by strong human engineers (unless there’s an order of magnitude size breakthrough in AI development soon, that will allow AI to actually work with massive complex codebases, reliably). Eventually, companies will need to start hiring back more staff, and the job market should bounce back.
Am I being too optimistic?
#technology
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