| It's not a feeling, the IT job market is dead relative to how it was in the recent past and is unlikely to recover imo. Were I to guess, 20 years ago you were in niche group of weirdos who enjoyed writing computer code in their free time which just so happened align with the 90s-00s internet revolution and 10s smart phone revolution. For a couple of decades there just hasn't been enough nerds to build all apps and websites companies wanted built, and therefore competition for these jobs was extremely high. If you wanted to win the best IT talent you had to pay 6 figures and offer endless perks. Today every government in the world is trying to push kids to code in an attempt to win a share of economic success that companies like Google and Apple have had. But with more people now going into software, more outsourcing and with cloud software like Shopify allowing those without a technical background to build and ship websites and products on their own, the demand for engineers relative to the number of engineers is now decreasing for the first time. Going forward I'd bet on AI continuing to erode the relative demand for software engineers. I'd also argue it's less that the IT market today is bad, but that it's adjusting to be more comparable to other skilled labour jobs which are more competitive and less favourably compensated than IT. Clearly going forward the shortage is likely to be in jobs that have geographical restrictions and require hard skills. You can't outsource a roofer and use Gen AI to generate you a roof, and it's a profession that takes years to master therefore you can't just hire anyone to do it, and yet no one wants to do these manual labour jobs anymore. Were I in my teens today, this is where I'd be looking for career security. As it stands I'm not going to complain after lucking massively over the last ~15 years – there really was no better time to be a computer nerd. |