[Dutchie987]

Relax. I started in IT in the early nineties, which in Europe weren't all that great. Not a lot of jobs for developers. Then it got crazy with the millennium bug hype. The sky was the limit! Companies had interviews at car dealerships and if you spelled your name mostly right, you had a well-paying job and rode out in a free brand new car.

Then the dot-com bust happened. Oh no, everybody got laid off, there certainly was no future in IT. Until the market picked up like never before and every developer hopped to greener pastures every few months. Happy days!

Then the financial crisis in 2008 made a lot of frowny faces. After which the growth in the IT market was frankly insane again.

And now, well, it's all on a downwards trajectory again. The days of getting half a million dollars for playing with a two weeks old framework at a startup that bleeds money and never has, or will, turn a profit are over.

The AI hype is just starting, and perhaps it will have to get worse before it all gets better again. But it will get better. Still, the market isn't all that bad now, if you accepts a job at a smaller company that isn't FAANG-level.

Ups and downs. It's never been different.