Let's rewind the clocks to 2000. It was the year when hope was high, internet was on the rise and any half baked idea found tons of backers. Soon people realized that the growth and ambition wasn't founded in reality. And it took the house down. Those that were real, survived. Like Amazon, Google, etc. The stocks took almost a decade to reach their highs. Now come back to 2022. People overestimated shift in culture due to pandemic and predicted any and all tech plays with fancy buzzword would stick the landing. Those have been undone in last few months. Think robinhood, zoom, snap, etc. They still continue to fall. Having worked in tech for more than a decade, see thay the salaries being thrown out today are bonkers. New grads are making close to 200k. For senior ppl sky is the limit. The thing is, lot of the companies have peaked in innovation... and as happens with any industry when innovation stops, focus shifts on maintenance. some day some higher up manager is going to realize the most expensive part of this machinery are people who are pretending to run this already well oiled and self sustaining machine. Guess what's going to happen then? Has happened over and over again across the world. You may feel immune to this since you work in tech, but let me tell you from typist to a travel agent to a factory worker, they all lost their jobs to protect the bottomline. Anyway, I know this may sound like doom and gloom, but this realization has led me to continue learning things that will ge needed in future, like machine learning and AI. This is free advice, take it or leave it. Just don't focus on the TC, focus on what saves you from being obsolete. Tc: 650k Yoe: 15
Yyyyyea they were saying all this 15 years ago when you started working too. Markets cycle. Tech isn’t going to become less important during the digital age.
Everyone’s not going to need to be an AI engineer. There’s so many areas that will need devs over the next 50 years
Blah blah blah. Where have you been, growth tech pretty much already had a reckoning. Not much more to go.
Lol.
Dropbox pays you this much? Even at todays current price?
And yet we continue to have road accidents, pandemics for which vaccines take a year to produce and frequent blue screen on a Windows laptop. There is so much to optimize. Tech will survive. Ups and downs are inevitable.
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So you were basically a high schooler during the last tech boom? Ok