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Ask HN: Is the market Tech selloff an opportunity for good software?
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1 points
by dfps
462 days ago
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Employment, particularly for juniors is perceived to be down, but there are a lot of trained coders. People have been unhappy with BigTech products for a decade or so. Data selling, no privacy or security, closed source, etc. But BigTech has had massive public and government inflows because of profits/data usage, which has caused it to withstand any criticism (in addition to allowing it to buy out any competitors or politico-legally destroy them). So with all these trained coders without jobs, and no real goal of trying to get hired by the 5-10 giant companies for $300k a year plus playgrounds, will they actually give us some quality, FOSS, secure options to the tech everyone uses but hates, maybe in a year or two? |
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Not FOSS necessarily but you will see lot of new startups exploring new niches.
We saw it after the dotcom bubble burst, 2008 GFC, Cryto/NFT implosion 22-23 (shifting people to AI).
FOSS is mostly big tech funded these days. They use some library long enough, get dependent on it and then end up assigning funds for maintenance. Or the other way round where they build something internally - run out of budget to keep it running - open source to community.