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Lee Kenneth Lewis Joseph Taylor Karen

Never lol The jobs are gone, either permanently or to India, Europe or wherever its cheap lol

I never knew Louis CK has a software development podcast, totally cool!

Two ways for tech jobs to come back 1. Heavily tax corporations that outsource IT jobs 2. Lower interest rates

Thank you for your video, could you please make video about how to even start a consulting company?

Thank you a lot, great topic! I would add - create a LinkedIn company profile. Once I've done that a lot of BDMs got interested, so they searched for me, not me searching them

I have such a bittersweet relationship with consulting. I love doing my best work possible for a client and having agency around making that happen. My work matters a lot to me, so my fulfillment goes through the roof. I also genuinely enjoy building relationships with people who appreciate my work and benefit from my help. The trouble is I have major 'grass is greener' psychology I struggle to beat. Essentially I get 50% of the way through a project and need to start finding more work to line up. As soon as I start scoping out my next project, it's a new shiny thing. I have to work HARD not to focus on it at the expense of the project I'm already on. It's crazy, I know, but it's been my greatest weakness for about 15 years. I get too excited about what's next. The money being so much better is nice too, but dry spells are scary as hell. I went back to being an employee because my wife was too freaked out by the quiet periods where I'd earn maybe 1/4 as much as usual. We had a kid on the way, it was a long stretch of less work, so I said what the hell. Let's find a job. I'd love to get back to it, but consulting + 3 kids and house responsibilities freaks me out. My skill set is perfect for it, but fitting everything and finding balance would be an added strain on top of the shiny next project syndrome. I highly recommend consulting to anyone with intrinsic motivation, decent social/soft skills, and either a good specialization or a broader skillset.

Nice topic, thank you for your insights, I have my own company but today I'm an independent contractor working for a single client, I guess my challenge is how I can get more clients but at the same time continue with a business mentality instead of just being an "overemployed" thing, so it is always good to see experienced developers ideas on this subject, I don't see too much of this on TH-cam.

When trump gets elected.

When we can lower inflation and people begin to buy things again.

10 years cycle of economy going up and down is undefeatable.

When interest rates go down. saved you 11 minutes.

These peep talks usually come from people who got disconnected from software developement with all respect, the layoffs are due to bloating companies structures like having hundreds of PMs and BA and not to forget so-called architects who can't tell the difference between software and BigMac, the domain is rich and too much to learn and expand. Corruption in companies leads to hiring fake roles and jobs, and yes none technical jobs should be considered overhead to eliminate, in fact there are lot of developers but very few real software engineers.

Hopefully fucking never. Rent needs to come down.

Most of these jobs weren't reallly tech jobs and they are not coming back and rightly so. Times of easy money for most insane, useless pet projects are gone. Individual and industrial arrogance.

Intel shitttzzcandump 15,000 !! Aug 1 2024 ouchh smfh the hits just keep on comin

The best advice I heard - create own business, ask investors to put several millions to it, cash funds and went bankrupt, use cash as foundation to buy property or invest into stock and put cash to bank. You will not get good cash until you lie about situation.

This video is essentially 11 minutes too long.

Try never…

Thank you for this wonderful content! I had been working as a developer since the 90s as well. I thought I was done but after several years I am now wanting to code again. This is very helpful information, the landscape has changed a lot.

After election results

Graduating to this situation is not great. Being in high demand when I started studying, now unemployed, in debt and financially broke. 2-years of experience means nothing. Starting to give up.

Never

Lol 😂 hold your breath. They will come back sooner

Interests and trendy stuff. Then the trend wears off when they realize the limitations for example with no-code solutions or AI.

2026 at the earliest

Pivot to crime and violence

What do you expect when there are more people with degrees in some part of the computer field than there are jobs? I saw that back when I was learning Fortran. Switch to Architecture and never looked back. I think AI is putting more of you out of work too . . . Who was the IT guy that came up with the offer to customized my browser using AI? I get to choose a theme, OH BOY!! AI at its best. How long have we been choosing colour and background and now AI can do it for me? AI, what's my favorite colour? You don't know? You can't think for me any better than Google search has a clue after one character is typed in the search box. Yes, boys and girls. search is AI whether you want to accept it or not. Somebody programmed something to think for you.

does this kind of thing pertain to cybersecurity field ?

It seems to me that money should be considered the analog for the amount of value created and distributed in an economy, Market failure is when demand is not met due to underproduction or there is not enough available money to clear the market of the output (underproduction). Whether the value is physical product or information, the impetus for creation and medium for distribution are both energy. Maybe we can then say it's axiomatic that a fixed quantity of energy should be the universal monetary unit, because the cost of production and distribution is underpinned by the market for energy. Constrained energy supply roughly equates to inflation; and oversupply roughly equates to lack of demand or deflation. So, wasted energy is inflationary and energy efficiency is deflationary. Perhaps the goal then is to keep our energy-currency unit at a value of 1? Pardon the leap here, I hope it self explains. Currently the central banks attempt to stabilize the value of the currency manipulating quantity of money by interest rates and spending. A slow and unpredictable mechanism. Maybe instead we could increase or decrease the nominal value of everyone's digital accounts in near real time, according to an energy index of some kind. Probably along with additional metrics. As a kind of transparent UBI, the amount that your account is adjusted could be more or less according to your current income. This might possibly also replace the taxation mechanism. Disclaimer: I am not an economist.

Moral of the story: I should master C

that channel how things are made is dispointing...

If the jobs dry up or the pay goes down significantly people are going to drop out of computer science programs pretty quickly (because they're hard and a lot of people are just in them for the money). And whether the jobs come back or not that means in the future there will be significantly less people that understand software.

I don't think the national unemployment rate is relevant to jobs that can actually support an individual, much less a family, and obviously far less applicable to those working in a specialized, rate dependent field such as tech.

You are a strange odd little man.

Great video and all very true. Being a product manager / strategy guy in digital I am interested how my role will be changing as a huge part of tech now is choice. Platforms, apps, integration, partnerships, etc are all available. I can save businesses years of development simply through knowing a tool that will get them results quickly. There are many in the tech community that are too stubborn (and want to stay employed) to discover or communicate new and better ways to do things. Do you think this gives my type of time more value in this market?

This entire video is assuming ai is as good as a software developer, and recently (as this is 4 months old as of writing) ai has gotten dumber in code writing

Recent changes to U.S. tax policy have impacted the hiring and retention of software engineers, particularly due to amendments in Section 174 of the U.S. Internal Revenue Code. These amendments, which came into effect in 2022 as part of the Tax Cuts and Jobs Act (TCJA) of 2017, require companies to amortize their research and development (R&D) expenses, including software development costs, over five years for domestic expenses and 15 years for international expenses, rather than expensing them immediately​... While there have been legislative efforts to reverse these changes, such as the proposed Tax Relief for American Families and Workers Act of 2024 (H.R. 7024), these efforts have not yet resulted in any changes to the current tax rules​

Thanks for the video! Apps that help in the development, that is, no-code or low-code applications are becoming increasingly popular. However, at JetSoftPro, a software development service, we believe that custom development, where knowledge of code and front-end with back-end is required, is on the rise and is not going to fade away.

my guy, talk with a bit more enthusiasm, talk a bit louder, put some music in the background at least if you keep talking like this, you sound veryyy boring and dead inside man! But still good information and very helpful!

So the solution is to learn robotics related fields? What are those exactly?

It's interesting how you describe UBI as an extension of capitalism when, to my understanding, UBI seems one of the most socialist policies to implement. I'm a socialist, so this all sounds great to me, but it's very interesting to see how UBI can be embraced from both sides of the needle if it just has the right branding.

It will change after the election when the country is back to normal

Those who say human creativity will be squelched by whatever these algorithms entail do not understand or value creativity. I am looking forward to seeing what happens to the first company to go all in on the current generation AI.

honestly, this point - and likely most points in the future- electrical engineering is a more nimble degree to get. gives you the fundamentals to break into all of the other sides of software theoretically - then the practice of code is just practice.

Time for all you technology people to go back to working retail

Information technology is a Dead end job now

Never. It's over

Does IT and Networking count as Tech?

How I can contribute to the society? I have an idea I can help people finding software jobs but I need a partner