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High TC Era started around 2012s. 2024, and looks one the decade of high TC has ended. What say?
You can get so much equity in a startup that your TC will vary wildly. 400k TC from meta might look great on paper but the startup you poured your heart into for years could net you millions per year of labor. Or it might be worthless because your code sucks.
The SWE market is saturated so salaries will naturally go down except for those in a few in demand specialties.
Finances/Business people have essentially taken over the VP level of major tech companies or they are the primary investors. They are on a tear to put tech workers in their place. I think high TC will exist but there will be much less job growth than was predicted and entry level will be hell for at least 5-10 years
I wonder if we’ll see the same cycle past generations saw where the dominant companies go the way of IBM and HP and a new generation grows to replace them.