[huherto]

"As of 10 years ago, the world needed more software engineers than it had; today this is questionable." My perception is that a lot of software engineers are needed. At least they are needed more(in numbers) than computer scientists.

[jayruy]

Yes: economically we also need ditch diggers in more numbers than classic literature experts. That doesn't make society better off if all the top universities start funneling money into ditch digging just because they can get away with it.

Note: I have a lot of respect for software engineering, just making a point with an extreme.