[jeffdavis]

Anything with delayed results will have cycles. You express cynicism, but there's no great evil behind it. Predicting the number and type of people that should study engineering today for work ten years from now is no easy task. It will always be a little bit wrong.

And at least you end up with educated people and the fruits of engineering work. The alternative is giving up: "I might as well not learn anything very useful, because there might be a period in the future where it's not so useful for a while."

[maxxxxx]

I don't think this cycle is evil. I just want people to be careful when they read stuff like this in the article:

"Are you in college and bothered about the job market ahead of your graduation, should you consider switching majors? maybe. The industry is booming and doesn’t look like it will be slowing down anytime soon. In the middle of all the unemployment, maybe we can take solace in the never ending demand for Engineers."

After a boom there is always a bust. And the bigger the boom, the bigger the bust.