I entered the job market in the early 2000’s, took me ages to break into IT and I was so desperate I would’ve made coffee for money. Now at 44, with a great career and 10 years working in FAANG I’ve been laid off. There is so much greed in big tech right now where billions are thrown at AI speculation and senior leadership have net worth’s to cover them for multiple lifetimes. Employees are disposable and undervalued.
Sorry to hear that. But the greed isn’t just in big tech. It’s in any business. Startups lay people off all the time even in boom times. Big tech only did it after 15 years or so of treating people really well. It’s just the faster cycle of businesses these days.
There is a fault in the year to year comparison logic: the video does not address the growth of the number of IT workers - the available number of people has grown exponentially so static comparison of the number of jobs available does not address the current unemployment issue properly.
There are more people in the workforce at entry levels, yes. It doesn’t claim that unemployed workers have decreased, only that hiring is picking back up. In the Carta chart you can see the net employed workers inflows and outflow starting to increase too. That shows that total filled jobs are going back up but again not claiming unemployment rate has reversed
@@ColinLateYep and also most of these young workers will drop out of the IT market as they become unhireable after a year of unemployment. ATS systems filter candidates out after 3 to 6 months
One other thing to note is the numbers don’t speak to one other trend that has been more pronounced recently. Many of the new hires are in ex-U.S. markets, areas where labor is cheaper. There has always been outsourcing but it is really trending up now due to costs of hiring the same talent in the American market being so much higher.
@@milan134 we let many people go and so far they have not been able to find jobs because they are competing against faang Microsoft, salesforce, and Facebook senior engineers all laid off
I was laid off in March 2024 as an SDE and now I'm doing AI/ML curator role. I took a 50% pay cut. When I search for jobs they are all with 3rd party companies. Not direct roles.
Whoa! Amazing video! Where did you come from?? Feel like I’ve seen so many of these videos and this was an order of magnitude better than the rest! Your channel is going to blow up, subbed!
I'm taking coding courses right now and I'm already discouraged. I will be graduating in mid-2025 and I don't know what job I'll be able to get or if I'll ever get one in tech. It's frustrating.
Great video. I subsribed. It seems impossible to get a job in this period, especially because of tons of candidates. I mean, what can we do when a job posted 3 days ago has 100+ candidates? Even if you are a great professional, there are good chances your CV will get ignored, which is really disappointing :(. Based on the info from your video and from what I also read across the internet, in 2025, things will get much better.
Very insightful! Especially agree on the counterbalancing forces for AI. People like to fear monger but the sector will continue to boom. This is where most of the growth is happening
The way big companies do things is one of the causes for the recession. So it doesn’t really matter that things come back a year later because no one has learned the hard lesson and the past will repeat itself. Companies need to stop relying on fake evaluations of their worth and stop growing without thought to how are they going to keep growing indefinitely. Simply put big companies are irresponsible. And will continue to be irresponsible as long as they face no consequences for their actions. We saw this back in 2008 with the big corporate bailouts.
Interesting take. Curtis if you have examples of growing irresponsibly. I’m not sure Google and NVIDIA are doing the same thing as shady derivatives trading like financial firms in 2008. In fact, Nvidia’s high valuation is out of their control. It’s the investors that are over-valuing companies in hot markets. Whether private or public.
Companies need to give people 1 month of notice so employees have time to apply for a new job. Last minute notice or no notice is unfair for those who have kept the company running.
As another commenter touched on; why not discuss the current influx of unemployed workers looking for jobs as well? The entry level positions are flooded with applicants, making it very hard to break in. Even at a at mid level, the amount of available positions to applicants is severely disproportionate. Tech is a lot more than just programmers and senior positions. I never really hear people talk about the other roles much.
I wish I knew this before leaving my development gig in March. Had to become a security guard to keep my life running. I’ll utilize this time to build new skills and get some certs - fortunately I have a decade of experience, but even with an extensive resume, it’s like all the positions up and vanished… it’s alarming.
I graduate in May of 2022 got a job in August and was one of those layoffs in Jan 23. I have not found another job yet. 6 months experience is basically the same as none unfortunately
Here's something to think about: Think of Tech hiring as a stingy person, who doesn't like watches, spending on a second watch. The minutes he doesnt need it, he will sell it off. Make sure you are always needed.
I’m in IT desk support but I wanted to move up to infrastructure. At my current job there are no positions available so I’m thinking about looking other companies but I’m afraid of quitting in 2024. Should I wait to make a move next year and just continue studying?
For CS undergrads/upcoming self-taught programmers, do people recommend learning full-stack web/mobile development 1st and AI/ML 2nd? Or, go straight to now learning AI/ML? Thanks
As a currently employed senior dev, I would pick another career in your shoes. Software may continue to pan out but it may not. I don't think the current bust is due to correct like past ones have. That said, if you are determined to do software, I would learn AI/ML first, because its hardest. I think in the future AI/ML will be an expected part of full stack and its easier to learn web dev after learning ML than the other way around, especially with LLM copilots already being able to spit out React apps. However you won't need to know how to do research on new transformer architectures or anything like that (unless you go for a PhD you won't be hired for that), more like how to model the data you use in the app/backend in a way that lends itself to ML, how to fine-tune foundation models, deploy them and integrate them, how to collect datasets, etc.
If you want to be a researcher, get a PhD. If you want to be a software engineer using AI, learn full stack software engineering. As the other person said, you can look to roles that leverage AI and not necessarily just engineering, but engineers can leverage it more effectively than others if they have the other role skills too. Still a good skillset to have to stay at the edge of what AI can do. Eg today you can create agentic workflows with engineering and build/accomplish things non engineers can’t
I’m not sure why this video has only 655 views as of this writing. Super solid perspective. I’m wondering about your thoughts on C level and senior exec level roles. Anecdotally, they seem to have increased recently, as AI seems to have displaced more junior / entry level roles.
The data shows that executive level roles did not decrease as much as manager and director level. I have seen this too. There are fewer layers but a company still needs at least the higher level executives to set the strategy and run the team. But overall things are still not accelerating back and the recent inflation numbers suggest they won’t very soon. It will be a slow recovery until there is more stability in the markets. Perhaps after the election. Startups will hire leaders because they have to but big companies will vary in how much they do
Ai is going to make companies need less workers and you think that means tech growth? You think the demand for software is going to keep up with ais ability to instantly spit it out? I really don't understand how people in the tech field are some of the most oblivious to what ai actually means for our future.
AI will increase the use cases for software and that will be purchased. That gives lots of leverage to companies. Even more than software has so far. The more money companies get from it, the more they will invest in new R&D with requires people. The question is whether the net impact of that growth minus the efficiency is positive or negative growth. My bet is positive.
@ColinLate if there was an unlimited need for growth in accomplishing a goal, that may be true. But there's not. Either way I think it can be summed up by saying we are moving toward a post labor economy. It's going to be up to these major companies and law makers to make sure that's a good thing for society. But I'm truely worried greed and ai may crush the common man.
In your opinion when will the tech job market improve? It's frustrating to apply to large companies and find out they are ghost job postings. The feedback I've received from these hiring managers is they are only going to do internal hiring right now and I should give up until the job market improves as all large companies will likely have this same policy
You have to look beyond large companies, but you always should do that. There are thousands of tech companies out there. Networking is the best option. Don’t wait for there to be a job posting at target companies to network.
The market won’t drastically improve this year. In fact there may be more layoffs end of year along with more jobs. You’ll need to network and hustle. Meet founders, managers, etc across a lot of companies. 30+ personalized (not template) outreach per week.
@@ColinLate Thank you so much for the response. That is what I had kind of assumed. I've been fortunate that I've had a wave of outreach from hiring managers and gotten a lot of interviews from it. But I will starting initiating my own outreach to keep my pipeline going. Thanks again for your content!
An editor does this for me. I edited in the past. It just takes practice and tutorials online for how to do the animations along with templates you can buy or download. I’m not the best to teach this.
I don’t predict recessions. This was from March and recession prediction measures ranged from 30-70% (treasury spread, consumer debt, part time vs full time employment rates). Jobs growth was dubious and GDP growth slowed and is reliant on heavily debt driven consumer spending. Broad US job market is definitely struggling on the ground despite top level indicators as part time employment rates were accelerating towards 2008 levels. Again, no one predicts these consistently
hey Colin, question. I am 7+ year FED(front end engineer) I am venturing into AI/ML data science / prompt engineer. Am I on a right path? would you advice this move?
Prompt engineering, Data Science, and AI engineering aren’t all the same paths. They have very different roles in tech companies. I would go find someone in each type of role to speak with or read about and see what they do day to day before deciding
I think someone at your level and experience can answer my question. I can't ask on blind so I'll ask here. What worries me is that how so many people with 10-15 YOE are also laid off. As a new grad I want to ask is tech even worth it? Everyone seems to be worried about the stability doesn't matter what their experience is.
It’s very hard to say. See my other video on the tech job market. But honestly the job market sucks outside of tech too these days. It just happened to tech earlier this time.
Hard to tell the future, but engineering will continue to be valuable IF you are using it to build valuable things. Be well rounded. CS isn’t a waste of time, but know business, design, and how to build your own things that can create economic value. AI researchers are in very high demand today but lots can change in 6 years
Appreciate the support @jayocaine2946! let’s try to assume good intentions in this community though. The guitar that looks like a Mohawk? I can try slightly different angles but I find it tough to compose the shot better with my desk setup without moving the guitar on the wall completely. I’ll try subtle changes until I decide it’s worthwhile to move things more. The white background isn’t the best for my head either but it’s the way it is for now.
Not hating. Just saying replace it for the channels good/ it’s definitely not adding anything to the shot. Nothing negative but I used to be a set decorator for commercials it’s all I could see 🎸 🎉
Ill be graduating on 2026. Job market is not as bad here since our tech industry is yet to catch up. The salary is too low and I want to move on to a better environment for me so I am working my ass off studying AI, Data analysis, software engineering, and web development. I spend about 30 mins each. Do you think this is a good trajectory to find a job inmediately of any of these specializations soon after I graduate?
Data jobs and AI jobs (of which there are several, some needing advanced degrees) abs SWE jobs are different roles to apply to. Get amazing at one with understanding of the others. Most won’t apply to data analyst and SWE. It’s hard enough to study to crush one set of interviews. The AI path means different things - researcher working on foundational models? Implementing APIs? What type of role will you apply to? Work backwards from that.
First timer here. I applaud you. Great job I was wondering if you were to start a recruiting firm now knowing the market is tough now but you want to be dominating a particular niche when it changes what niche would that be?
Thank you. There are many successful strategies for recruiting firms. You could try high earners like AI or executive roles. Executives recruiting will definitely not be going anywhere and will remain a high touch business, but it is sensitive to job market highs and lows like any recruiting. AI will have peaks and valleys. The question is more about where you have some unfair advantage or can create one. A network of candidates and ability to help close the best fast for companies willing and able to pay. Did you have any ideas where you’d start?
@@ColinLate thank you very much. Yes I have a background that will serve me well in the BFSI vertical with knowledge in data and AI. Was thinking mid level management VP and Director more so than Sr Execs as these folks need to manage teams and can’t be outsourced but their teams can be or major parts of them. My background is selling professional services, data and research and advisory to these markets so I have deep domain.
Hey 18 M here how will the US tech market be in a few years lets say 2028 is the time i'll graduate? will it improve? i know it wont be better than covid era
So much will be different. I imagine some roles will improve and others will not. Hard to tell but you have so much time to adapt between then and now. Learning software and AI is not a bad idea at all.
Tech that is at the cutting edge of science and tech that requires a lot of research before leading to anything. AI was deep tech until recently. Biotech (DNA engineering). Quantum computing. Autonomous Vehicles/Robotics. Energy. Blockchain. Things that require more than your typical software engineering.
If you can specialize it would be better yes. Even though you need masters or phd for some roles you’ll still have an advantage for many roles requiring some AI and they earn more on average
Hey Colin , really nice video ! I was wondering if I could help you with Best Quality Editing in your videos which visually appeal to audience and would increase average view duration and will also make a highly engaging Thumbnail which will overall help your videos to reach to a wider audience ? Pls let me know what do you think ?
Anything beyond conventional SW or HW engineering. eg foundational AI, autonomous vehicles and robotics, quantum computing, new energy tech, etc. It typically requires a deeper level of R&D with less certain outcomes.
Depends. The median is actually 250k-300k. If you are senior and going to top companies, then 800k to a few million is possible but it’s not as common as people would have you believe. Check AIPayGrad.es and you’ll see it’s 326k median total compensation in the US with most between 300-500k
Read more in the weekly Top Tech Job Search newsletter: www.toptechnewsletter.com
I entered the job market in the early 2000’s, took me ages to break into IT and I was so desperate I would’ve made coffee for money. Now at 44, with a great career and 10 years working in FAANG I’ve been laid off. There is so much greed in big tech right now where billions are thrown at AI speculation and senior leadership have net worth’s to cover them for multiple lifetimes. Employees are disposable and undervalued.
Sorry to hear that. But the greed isn’t just in big tech. It’s in any business. Startups lay people off all the time even in boom times. Big tech only did it after 15 years or so of treating people really well. It’s just the faster cycle of businesses these days.
Greed is ruining the world….
There is a fault in the year to year comparison logic: the video does not address the growth of the number of IT workers - the available number of people has grown exponentially so static comparison of the number of jobs available does not address the current unemployment issue properly.
There are more people in the workforce at entry levels, yes. It doesn’t claim that unemployed workers have decreased, only that hiring is picking back up. In the Carta chart you can see the net employed workers inflows and outflow starting to increase too. That shows that total filled jobs are going back up but again not claiming unemployment rate has reversed
@@ColinLateYep and also most of these young workers will drop out of the IT market as they become unhireable after a year of unemployment. ATS systems filter candidates out after 3 to 6 months
One other thing to note is the numbers don’t speak to one other trend that has been more pronounced recently. Many of the new hires are in ex-U.S. markets, areas where labor is cheaper. There has always been outsourcing but it is really trending up now due to costs of hiring the same talent in the American market being so much higher.
@@timothygibney159 good thing you are massive experience IT guy and need not worry about that :)
@@milan134 we let many people go and so far they have not been able to find jobs because they are competing against faang Microsoft, salesforce, and Facebook senior engineers all laid off
Man you only 4k subscribers? You are up with stats and real good info! Not like other folks just vent feelings and antidotes. Amazing video!
Thanks. I try to focus on data and what I see on the ground at least as a basis. Any other topics you think I should cover?
@@ColinLate you are underrated
@@galacticstarlord1 give it time, you'll see
"You don't need to run to AI, It will come to you but you should be preparing" Thanks for that specific advice. I needed that today!
Glad it was helpful!
Out of all the tech job layoff videos flooding youtube this is one of the rare ones that actually has useful insight.
I’m glad it was useful. Curious what was the difference here and how I can keep adding value
Agreed. We need more data and trends and less anecdotes. Listening to 10 people with horror stories to share will do you little good.
I was laid off in March 2024 as an SDE and now I'm doing AI/ML curator role. I took a 50% pay cut. When I search for jobs they are all with 3rd party companies. Not direct roles.
Sorry to hear that! There are definitely roles out there as I know people getting offers, but many are inbound or referrals.
Whoa! Amazing video! Where did you come from?? Feel like I’ve seen so many of these videos and this was an order of magnitude better than the rest! Your channel is going to blow up, subbed!
Glad you liked it! I’ll be doing more soon but meanwhile check out www.toptechnewsletter.com
I'm taking coding courses right now and I'm already discouraged. I will be graduating in mid-2025 and I don't know what job I'll be able to get or if I'll ever get one in tech. It's frustrating.
It is but still a good career vs most others. It’s just going to be harder for the next little while for entry levels. Still decent income.
@@ColinLate”decent” but not excellent.
What's your biggest challenge in today's job market? Not enough roles, Too much competition, Not getting interviews, or Not passing interviews?
Great video. I subsribed. It seems impossible to get a job in this period, especially because of tons of candidates. I mean, what can we do when a job posted 3 days ago has 100+ candidates? Even if you are a great professional, there are good chances your CV will get ignored, which is really disappointing :(. Based on the info from your video and from what I also read across the internet, in 2025, things will get much better.
Very insightful! Especially agree on the counterbalancing forces for AI. People like to fear monger but the sector will continue to boom. This is where most of the growth is happening
Being a cautious optimist is usually the best path.
Really good content Colin! Great research & data. Keep it up, I see you becoming a top voice in Tech.
I’m glad it’s helpful! Any other topics?
Here before it explodes
Thanks 🙏
Agree - @colinlate - do you edit your own videos? Who is your editor? These videos are fire 🔥🎉👌🏽
Another great video - seriously fantastic! Thank you!
Appreciated! Anything I should cover next?
The way big companies do things is one of the causes for the recession. So it doesn’t really matter that things come back a year later because no one has learned the hard lesson and the past will repeat itself. Companies need to stop relying on fake evaluations of their worth and stop growing without thought to how are they going to keep growing indefinitely. Simply put big companies are irresponsible. And will continue to be irresponsible as long as they face no consequences for their actions. We saw this back in 2008 with the big corporate bailouts.
Interesting take. Curtis if you have examples of growing irresponsibly.
I’m not sure Google and NVIDIA are doing the same thing as shady derivatives trading like financial firms in 2008. In fact, Nvidia’s high valuation is out of their control. It’s the investors that are over-valuing companies in hot markets. Whether private or public.
here before this blows up haha, very informative! thank you
Appreciated!
Companies need to give people 1 month of notice so employees have time to apply for a new job.
Last minute notice or no notice is unfair for those who have kept the company running.
Many tech companies do much better than this despite having no legal requirement to do so. Multiple months of severance payments are common.
I got laid off from my tech job at google cloud services last month. literally, I was a level 51 senior toilet plunger engineer. it’s brutal.
Care to elaborate? What do you mean by toilet plunger engineer? What was brutal about the job. I’m curious!
Me too!
Nicely explained. This video is worth more than 300 views, and you are worth more than 3k subs!! Thanks for making this video.
Thanks for the support!
So...if you have a job where they don't beat you every day, don't quit in 2024. Got it.
Hopefully better than that! Ha
Hopefully not so bad!
Got laid off from me 55k job. Only managed to get a 25k job.... It's ridiculous out there.
@@SomeOne-do3lmmay be u need to learn new stack and update ur resume
@@beryalex1798 new stack? And I've been updating my resume. I even tailor it to the job description
Excellent, well thought out video packed with facts.
Thanks! 🙏
As another commenter touched on; why not discuss the current influx of unemployed workers looking for jobs as well? The entry level positions are flooded with applicants, making it very hard to break in.
Even at a at mid level, the amount of available positions to applicants is severely disproportionate.
Tech is a lot more than just programmers and senior positions. I never really hear people talk about the other roles much.
100% way more laid off and graduated people flooded the market than new jobs have opened in the rebound
I wish I knew this before leaving my development gig in March. Had to become a security guard to keep my life running. I’ll utilize this time to build new skills and get some certs - fortunately I have a decade of experience, but even with an extensive resume, it’s like all the positions up and vanished… it’s alarming.
It’s very true. Although job posts are increasing, there are many more on the market. You need to do everything more and better these days.
@@ColinLate Update: Looks like the experience came in handy, as I have two interviews lined up! Wish me luck.
@@BLKM4NTI5 All the best let us know the update
I graduate in May of 2022 got a job in August and was one of those layoffs in Jan 23. I have not found another job yet. 6 months experience is basically the same as none unfortunately
are u trying again in tech or any other non tech roles I mean something like product analyst or regulatory analyst where competition is lower
It’s a tough market. Keep networking and make sure you’re prepping like mad for interviews. No templates or shortcuts
1:20 Literally 1 person went on and did really great.... that is hardly the endorsement it might seem.
Fair. It’s hard on people in different ways. But it’s very true that these downturns are measured in a few years while careers are decades long.
I'm already watching your videos for the second time. Very impressive!
Glad you like them! Let me know if there’s anything else you would like to see.
Here's something to think about: Think of Tech hiring as a stingy person, who doesn't like watches, spending on a second watch. The minutes he doesnt need it, he will sell it off. Make sure you are always needed.
Fascinating perspective!
I’m in IT desk support but I wanted to move up to infrastructure. At my current job there are no positions available so I’m thinking about looking other companies but I’m afraid of quitting in 2024. Should I wait to make a move next year and just continue studying?
You don’t have to quit to find a new job
Look for jobs while you work and if a great offer comes along, you can make the assessment then.
Can you estimate the year when the job market will improve by previous data? Just tell approx value
Like any market, no one can really tell when with any high certainty, just IF it will improve
Can you estimate the year when the tech job market will improve by previous data? Just tell approx value
.
For CS undergrads/upcoming self-taught programmers, do people recommend learning full-stack web/mobile development 1st and AI/ML 2nd? Or, go straight to now learning AI/ML? Thanks
As a currently employed senior dev, I would pick another career in your shoes. Software may continue to pan out but it may not. I don't think the current bust is due to correct like past ones have. That said, if you are determined to do software, I would learn AI/ML first, because its hardest. I think in the future AI/ML will be an expected part of full stack and its easier to learn web dev after learning ML than the other way around, especially with LLM copilots already being able to spit out React apps. However you won't need to know how to do research on new transformer architectures or anything like that (unless you go for a PhD you won't be hired for that), more like how to model the data you use in the app/backend in a way that lends itself to ML, how to fine-tune foundation models, deploy them and integrate them, how to collect datasets, etc.
If you want to be a researcher, get a PhD. If you want to be a software engineer using AI, learn full stack software engineering. As the other person said, you can look to roles that leverage AI and not necessarily just engineering, but engineers can leverage it more effectively than others if they have the other role skills too. Still a good skillset to have to stay at the edge of what AI can do. Eg today you can create agentic workflows with engineering and build/accomplish things non engineers can’t
Finally a more optimistic outlook among many hopeless doomers.
It’s for the meantime not all rosy with so many on the market then with more jobs, but it’s already much better than a few months ago
I’m not sure why this video has only 655 views as of this writing. Super solid perspective.
I’m wondering about your thoughts on C level and senior exec level roles. Anecdotally, they seem to have increased recently, as AI seems to have displaced more junior / entry level roles.
The data shows that executive level roles did not decrease as much as manager and director level. I have seen this too. There are fewer layers but a company still needs at least the higher level executives to set the strategy and run the team. But overall things are still not accelerating back and the recent inflation numbers suggest they won’t very soon. It will be a slow recovery until there is more stability in the markets. Perhaps after the election. Startups will hire leaders because they have to but big companies will vary in how much they do
And thank you 🙏
Ai is going to make companies need less workers and you think that means tech growth? You think the demand for software is going to keep up with ais ability to instantly spit it out? I really don't understand how people in the tech field are some of the most oblivious to what ai actually means for our future.
AI will increase the use cases for software and that will be purchased. That gives lots of leverage to companies. Even more than software has so far. The more money companies get from it, the more they will invest in new R&D with requires people. The question is whether the net impact of that growth minus the efficiency is positive or negative growth. My bet is positive.
I am genuinely curious what you think it means though
@ColinLate if there was an unlimited need for growth in accomplishing a goal, that may be true. But there's not. Either way I think it can be summed up by saying we are moving toward a post labor economy. It's going to be up to these major companies and law makers to make sure that's a good thing for society. But I'm truely worried greed and ai may crush the common man.
Generative AI is a scam
Love the editing on your site! Do you edit your own videos? Who is your editor? These videos are fire 🔥🎉👌🏽
My editor is great! Rana
In your opinion when will the tech job market improve? It's frustrating to apply to large companies and find out they are ghost job postings. The feedback I've received from these hiring managers is they are only going to do internal hiring right now and I should give up until the job market improves as all large companies will likely have this same policy
You have to look beyond large companies, but you always should do that. There are thousands of tech companies out there. Networking is the best option. Don’t wait for there to be a job posting at target companies to network.
The market won’t drastically improve this year. In fact there may be more layoffs end of year along with more jobs. You’ll need to network and hustle. Meet founders, managers, etc across a lot of companies. 30+ personalized (not template) outreach per week.
@@ColinLate Thank you so much for the response. That is what I had kind of assumed. I've been fortunate that I've had a wave of outreach from hiring managers and gotten a lot of interviews from it. But I will starting initiating my own outreach to keep my pipeline going. Thanks again for your content!
Can you make a video on how you edit and make your TH-cam videos? What softwares do you use? Love how clean your videos are
An editor does this for me. I edited in the past. It just takes practice and tutorials online for how to do the animations along with templates you can buy or download. I’m not the best to teach this.
With the entire world predicted to be in GDP growth this year, how is there a prediction for a recession?
I don’t predict recessions. This was from March and recession prediction measures ranged from 30-70% (treasury spread, consumer debt, part time vs full time employment rates). Jobs growth was dubious and GDP growth slowed and is reliant on heavily debt driven consumer spending. Broad US job market is definitely struggling on the ground despite top level indicators as part time employment rates were accelerating towards 2008 levels. Again, no one predicts these consistently
hey Colin, question. I am 7+ year FED(front end engineer) I am venturing into AI/ML data science / prompt engineer. Am I on a right path? would you advice this move?
Prompt engineering, Data Science, and AI engineering aren’t all the same paths. They have very different roles in tech companies. I would go find someone in each type of role to speak with or read about and see what they do day to day before deciding
@@ColinLatewhich is better long term?
This video amd eetail in the data is awesome.
Thanks!🙏
Actually qa roles will probably increase to clean up to he ai work.
You’re not wrong. Model quality roles are increasing but a very different type of role and skill. They can adapt for sure.
I think someone at your level and experience can answer my question. I can't ask on blind so I'll ask here.
What worries me is that how so many people with 10-15 YOE are also laid off. As a new grad I want to ask is tech even worth it? Everyone seems to be worried about the stability doesn't matter what their experience is.
It’s very hard to say. See my other video on the tech job market. But honestly the job market sucks outside of tech too these days. It just happened to tech earlier this time.
@@ColinLate Thanks. I'll watch it.
The wayt you started the video holy shit. So based
😎
keep us posted in the upcoming months 😛
Will do. Though job growth is flat into the summer and layoffs continue with Tesla, there is still more hiring in FAANG and AI
Yep, that gives me perspective somebody with a engineering degree cool
glad it was helpful!
I am a student in 11th do you think in 2030 i will get a job if i study software engineering with good pay
Study something else with a minor in computer science. Then you will have an edge over CS majors and the people in your industry.
Hard to tell the future, but engineering will continue to be valuable IF you are using it to build valuable things. Be well rounded. CS isn’t a waste of time, but know business, design, and how to build your own things that can create economic value.
AI researchers are in very high demand today but lots can change in 6 years
Cool video, art director tip. Get rid on that guitar behind your head. 😅
Oh yes of course the great roscoestudio with all your views 😅
Appreciate the support @jayocaine2946! let’s try to assume good intentions in this community though. The guitar that looks like a Mohawk? I can try slightly different angles but I find it tough to compose the shot better with my desk setup without moving the guitar on the wall completely. I’ll try subtle changes until I decide it’s worthwhile to move things more. The white background isn’t the best for my head either but it’s the way it is for now.
Not hating. Just saying replace it for the channels good/ it’s definitely not adding anything to the shot. Nothing negative but I used to be a set decorator for commercials it’s all I could see 🎸 🎉
Ill be graduating on 2026. Job market is not as bad here since our tech industry is yet to catch up. The salary is too low and I want to move on to a better environment for me so I am working my ass off studying AI, Data analysis, software engineering, and web development. I spend about 30 mins each.
Do you think this is a good trajectory to find a job inmediately of any of these specializations soon after I graduate?
Data jobs and AI jobs (of which there are several, some needing advanced degrees) abs SWE jobs are different roles to apply to. Get amazing at one with understanding of the others. Most won’t apply to data analyst and SWE. It’s hard enough to study to crush one set of interviews. The AI path means different things - researcher working on foundational models? Implementing APIs? What type of role will you apply to? Work backwards from that.
Great insight!
I hope it’s helpful!
Fantastic video. Thanks
Glad you liked it!
First timer here. I applaud you. Great job
I was wondering if you were to start a recruiting firm now knowing the market is tough now but you want to be dominating a particular niche when it changes what niche would that be?
Thank you. There are many successful strategies for recruiting firms. You could try high earners like AI or executive roles. Executives recruiting will definitely not be going anywhere and will remain a high touch business, but it is sensitive to job market highs and lows like any recruiting. AI will have peaks and valleys. The question is more about where you have some unfair advantage or can create one. A network of candidates and ability to help close the best fast for companies willing and able to pay. Did you have any ideas where you’d start?
@@ColinLate thank you very much. Yes I have a background that will serve me well in the BFSI vertical with knowledge in data and AI. Was thinking mid level management VP and Director more so than Sr Execs as these folks need to manage teams and can’t be outsourced but their teams can be or major parts of them. My background is selling professional services, data and research and advisory to these markets so I have deep domain.
"your career is counted in decades".. hard sell to someone breaking into the SWE world at age 47 :D
Well one decade hopefully 😎
Hey 18 M here how will the US tech market be in a few years lets say 2028 is the time i'll graduate? will it improve? i know it wont be better than covid era
So much will be different. I imagine some roles will improve and others will not. Hard to tell but you have so much time to adapt between then and now. Learning software and AI is not a bad idea at all.
Is he an AI?
I hope not!
What is deep tech?
Tech that is at the cutting edge of science and tech that requires a lot of research before leading to anything. AI was deep tech until recently. Biotech (DNA engineering). Quantum computing. Autonomous Vehicles/Robotics. Energy. Blockchain.
Things that require more than your typical software engineering.
Thank you!
What should I prefer BE cse or BE cse with specialization in AI and ML
If you can specialize it would be better yes. Even though you need masters or phd for some roles you’ll still have an advantage for many roles requiring some AI and they earn more on average
Hey Colin , really nice video ! I was wondering if I could help you with Best Quality Editing in your videos which visually appeal to audience and would increase average view duration and will also make a highly engaging Thumbnail which will overall help your videos to reach to a wider audience ? Pls let me know what do you think ?
I’ve got editors but thanks
Awesome
Thanks! I hope it was useful
Time to sign up with the military boys 😂
😂
are you not watching the news? this is the worst time to join the military
The one that's ultimately going to be replaced by robots?! 😂 I'd expand your skillsets.
Nice balanced view of a large phenomenon.
I hope it helps!!
Are you Voldemort? 🤨
Most common comment
@@ColinLate are you though? 😅
WTF is deep tech?
Anything beyond conventional SW or HW engineering. eg foundational AI, autonomous vehicles and robotics, quantum computing, new energy tech, etc. It typically requires a deeper level of R&D with less certain outcomes.
Overly optimistic zombie
Do you have a hedge for a pessimistic outlook?
If you are an experienced A.I software developer or engineer, you name your price - $800K to $3 million a year!😊
Depends. The median is actually 250k-300k. If you are senior and going to top companies, then 800k to a few million is possible but it’s not as common as people would have you believe. Check AIPayGrad.es and you’ll see it’s 326k median total compensation in the US with most between 300-500k