The REAL Reason Tech Hiring Has Slowed Down (Surprising)

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[AaronJack]

Check this out to make the most of your interviews

[piotrholonowicz]

I have reply to the NVIDIA CEO: IMHO is easier to create AI that replaces upper management than to make an AI that replaces a senior SW dev specialist. Maybe we should start working on that ?

[Zacian.]

Anyone notice how many law changes and additions are specifically directly harming smaller companies and harshly destroying attempts to make a startup?

[edcrookshanks]

There was another recent video (Brutal Truth Behind Tech Layoffs) that seems related to this first "cheap money" discussion. Basically tech firms had to justify all the money they received, which led to spending it by over-hiring and ultra-specialization such as "button engineers". And after reality set in (led by certain people coming into companies and slashing "unnecessary staff") this led to a wave of layoffs and a now-flooded market. It also pans AI as not-a-reason and not-really-a-threat, so there is commonality there. The tax code discussion is VERY interesting and something worth looking into.

[jm.]

Tech interview prep a service just validates and perpetuates shitty, overly complex interview processes.

[dallassegno]

Thank goodness someone FINALLY talks truth about code. Literally every dump I get from ai I have to proof. May as well do it all myself from scratch. Garbage in garbage out.

[brianstory]

I can definitely confirm this, did my taxes and found out I cant write off most of my dev costs from last year. It's definitely more challenging to do a startup now. The cost of off shore development has gone up quite a bit which makes this risk even greater, especially if your not bringing in money yet.

[theronwolf]

The high pay rates in the US are another factor. I retired (as a SQL developer) at the start of the lockdown (I was already well over 70, so I had all my bonuses) but the writing was on the wall. More and more of the coding where I worked was leaving US and heading to India and some low cost eastern European countries.

If your job can be done from home, your job can be done from anywhere in the world.

[kinggrizzly]

If I could go back in time, i wouldn’t waste a dime on a degree and instead become a plumber.

[scottfranco]

I used chat GPT for a while until my company forbade it. It was useful to explain Javascript programs to me, since I am mainly a C/C++ programmer. As far as using it to write programs from scratch, this is a management wet dream. It would be like firing all of your good programmers and hiring idiots, which is not far from what they are trying to do. Good luck.

[xhalozero]

Being layed off and trying to get a remote job. I've noticed a ton of senior level roles but very few junior - mid level roles

[Matt-jcml]

I use chat gpt a lot to help generate vocabulary lists for language learning (human languages, not related to coding) and I'm amazed at how much it struggles with basic tasks like not repeating the same word in a list, or making lists greater than 100 words, or making a list of purely adjectives (not mixing im verbs, nouns etc) and I kind of have a chuckle when I think that this thing in it's current form will take my job. It's a useful tool but it's so bad in certain situations even with reallt simple things

[journeythroughenlightenmen]

Thank you for sharing this. I have dreams of launching a startup in the near future and this news is just heart breaking. It feels like they are actively trying to destroy the creative spirit by using taxes as the new shock collar for behavior adjustment. This has nothing to do with needing more tax revenue. It's a tactic to discourage and bankrupt creatives and get rid of future competition.

[ismail-talb]

that's really surprising, now I understand why the job market is down in the last few months.I decided to move off from coding and do something else, not because of AI, it's just because chasing bugs in a 4 walls box is not fun anymore, I'll do an outdoor work

[llixx]

This. Sec 174 is how I got laid off after an otherwise stable 18 year programming career at the same company

[AboveTheInfluence]

Section 174 is a major eye opener we need to come together and find a way to combat that.

[anasouardini]

Can you imagine having millions of dollars from selling GPUs but still prevent parents from teaching their kids a kill to help them put food on the table!!

[DanielPratt-bjly]

It’s cool to pay people 20k in India until you have to pay someone 200k here to fix all the wrong they end up doing

[taterrhead]

that final 5% is what has bankrupted some self-driving startups (we were told self-driving semis would be mainstream by now) and companies whom have poured 10s of billions into it (TSLA) have still not cracked.

[forthrightgambitia]

As a software developer in Europe: in the UK and Spain specifically, whilst opportunities are down from the 2021/22 peak, they haven't fallen off a cliff and as a senior dev I still get recruiters contacting me. But the salaries never were comparable with the US