[Apocryphon]

> But the demand for software engineers decreasing? I mean, maybe, but I don’t think your points support that. I think there’s a mountain of assumptions you need to make to conclude that.

If all businesses are suffering in that scenario, then who will employ the software engineers?

[rapind]

> all businesses are suffering

This is itself a massive assumption. What extremes are we assuming and how likely are they? There are businesses who flourished under covid and also businesses that basically print money during conflicts / wars. Almost all of them require and use software. So are we talking apocalypse here? If so, then I have no idea what the job market will look like, and neither does anyone else.

[Apocryphon]

Maybe we are talking about the apocalypse here, as per upthread. No one knows what will happen once interest rates go up.