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by karmasimida 1247 days ago
> it seems like demand for software engineers far outstrips supply

Definitely not the case when layoff right now is in full force. Also this doesn't necessarily indicate high salary anyway. There is a huge demand for fruit picker, but due to the nature of economy and margin of business, the salary will stay deflated thus the shortage persists. In a high interests, no free money environment, will software firms still able to demonstrate ability to generate return for investors? That would the ultimate key for whether the high salary is going to sustain or disappear.

Regardless, I think this article has a point. We might be as well observing the end of the golden era for software engineers. LLM is a long-term salary oppressor, but in short term, simple dynamics of economy would test the market sufficiently.

1 comments

doomer take but tbh i respect it. but the central thesis of the tech industry is that it allows for products to be created with very low marginal cost which facilitates the high returns and if that thesis turns out to no longer be true then i would say that the identity of the tech industry has irrevocably changed.