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Is the Tech Job Market Really as Grim as It Seems?

What are your thoughts on the current state of the tech job market? Have you faced challenges in landing a job in the tech industry? Share your insights and experiences.


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Top comments (11)

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acoronadoc profile image
Albert Coronado

I think tech job market is not as grim now, as it was not as good before. I think that nowadays a lot of people creates an opinion based on what they see on social media and not on real big picture.
Work on tech industry never was easy.

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ranjancse profile image
Ranjan Dailata

These days, there's a heavy talk on the "AI". I am not sure how many companies have officially moved their systems to PROD, However, there's a major concern regarding the job cut down as the AI can eliminate some of the low level jobs.

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danbailey profile image
Dan Bailey

Yeah, I pity anyone who actually dumps junior devs in favor of AI. Research indicates that GitHub Copilot actually negatively impacts code quality.

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ranjancse profile image
Ranjan Dailata

GitHub Copilot may be a new kid. While the AI is advancing, we need to accept that some of the jobs are already gone. Welcome to the new AI jobs, :) Those who work and continuously learn and upgrade will survive!

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wogvorph profile image
Vorph

I feel it will be hard to train seniors without juniors

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ben profile image
Ben Halpern

Relatively speaking, the tech job market is bad. But I wouldn't say "grim". It just doesn't have the extreme job surplus that used to exist.

We are definitely in a messy phase with a few macro trends leading to a bad job market, but these things are cyclical and I think it will get better.

Thriving in tomorrow's job market will require skills working with AI in general, so all else equal I'd make sure I'm tracking new things to complement my existing skills.

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hinst profile image
Alexander Savinykh • Edited
  • They're only hiring senior devs
  • Junior positions = non-existent
  • Travel across the world to join their team in south Narnia
  • Old days: you know how to progam? hired
  • Nowadays: Kubernetes, DevOps, Spring Doot, 10 years of Swift
  • Write an essay about your achievements in high school to apply
  • After massive layoffs all those fired people are now searching for a job

Summary: it's 100% RIP

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danbailey profile image
Dan Bailey

Honestly, I feel like the way things are currently going, it's becoming just as much "who you know" as it is "what you know", which is similar to how things played out after the first dot-com bubble burst in 2001. Two of my last three gigs were found via straight-up networking and the third I was cold-poached by Oracle away from one of those gigs.

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tqbit profile image
tq-bit

From an economic perspective, the market is merely adjusting.

Developing software is expensive and risky. There was a huge influx in investments following the financial crisis in 2008. It helped risk-taking enterprises that would swallow huge amounts of cash take off the ground by employing an army of engineers.

As you might guess, these times are over. Increasing central interest rates had to catch up with a hot-running world economy after COVID, causing a meltdown in human capital around the globe. Lots of scrum masters wrote their final sprint artifact, and lots of devs wrote a final loc. Now there's AI, which currently (IMHO) disrupts people's minds stronger than the actual job market.

What will happen next? The market will (probably) get better again soon. And later, (probably) worse again. Economic cycles historically occurred within 2-5 years, so my guess is

  1. Interest rates will go down again
  2. Investment increases
  3. There's some new bonkers hype (perhaps AI-powered cyberpets that can speak to humans with a chip in their brain?)
  4. People who can build this stuff are hired
  5. ... and so on
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masteing_the_code profile image
Joel Jose • Edited

I wont say it is 'grim', but even if that is true, there is always possibilities creating new jobs in the market. Even if AI takes over some positions, it would result in the birth of new opportunities and positions.

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zaharadini_shaibu_99d5bc4 profile image
Zaharadini Shaibu

so normal how to start working