[fidotron]

I think there are several possibilities, among them is the idea it will not recover. What has made things rebound previously is the emergence of some new platform and/or a new way to make money on a platform. For the first time in decades it feels like the low hanging fruit have all been picked and the VR/metaverse idea is not proving nearly so compelling as many hoped.

In the near future I suspect any major growth in this sector will be around environmental problems, probably kicking off in earnest later this year, and fixing hilariously inefficient cloud deployments would probably count.

The simple fact though is a lot of people that had been in the software industry really weren’t cut out for it, and were in the way of those that are. We will be better off when they find their true calling making money elsewhere.