282
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

Thousands of Software Engineers Say the Job Market Is Getting Much Worse::9,388 engineers polled by Motherboard and Blind said AI will lead to less hiring. Only 6% were confident they'd get another job with the same pay.

you are viewing a single comment's thread
view the rest of the comments
[-] KevonLooney@lemm.ee 6 points 11 months ago

That doesn't make sense because salaries are a current expense, not a capital expense to be amortized. And why 5 years? The work a software engineer does may be outdated in a year or two. Only certain legacy applications are around for 5 years.

The amortization time period is supposed to match the usefulness of the item purchased. Basically, software engineers are an ongoing expense, not R&D.

[-] frezik@midwest.social 7 points 11 months ago

Only certain legacy applications are around for 5 years.

Oh if that were true.

[-] KevonLooney@lemm.ee 2 points 11 months ago

Those are the legacy applications. This is the survivor bias 100%. You don't see all the projects that were created and then dumped after a year or two (see Google).

[-] UnderpantsWeevil@lemmy.world 0 points 11 months ago

Real laughing-crying emoji hours.

I've got a friend who got his job entirely because he's under 40 and knows Fortran.

this post was submitted on 10 Jan 2024
282 points (94.3% liked)

Technology

60123 readers
2671 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS