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Joined 2 years ago
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Cake day: August 2nd, 2023

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  • IMO AI is a bubble and it will burst in the next year or two. We use AI at work and there are benefits, but I do not believe AI will be replacing anyone other than the absolute bottom of the talent pool. It’s mostly going to accelerate the productivity of developers (creating more value for the company with no increase in wages for you, of course).

    Mass layoffs happen every couple years in the software world. One of Microsoft, Google, Salesforce, Oracle, etc. will do layoffs and the rest will do it too “because market conditions”. They’ll then rehire that many people 6 months later. It’s a tool they use to clean out lower performers and replace them without having to go through the arduous process of firing someone for performance reasons. The US economy is going to shit right now, so that’s giving them an excuse to do it; it’s not a sign that the software industry is in trouble.


  • A degree in management is useless. “Management” isn’t a job, it’s a title. You still need to be skilled at something useful to manage other people. These kinds of degrees are for football players that have to have a degree and the party crowd that needs training on how to be a functioning human. This is a perfect degree if you want a soul-sucking job in megacorp HR or banal white collar office management leading a team of minimum wage temps. IMO, learn a productive skill instead.

    The CS market is very saturated (at least in the US). I’m a lead software dev responsible for hiring and probably 90% of the resumes I get are from people needing H1B sponsorship; this is where the saturation is coming from. Most of the candidates are pretty weak with an increasing over reliance on AI assistance, so if you have a knack for programming using your own brain, you should go for it. Just be prepared for a long and draining job hunt.




  • What’s the article have to say about why the selloff is strange?

    • it reflects something more ominous as President Donald Trump tries to reshape global trade: a loss of confidence in the U.S.
    • Global trust and reliance on the dollar was built up over a half century or more … But it can be lost in the blink of an eye
    • the dollar has fallen 9% against a basket of currencies, a rare and steep decline
    • It is no longer hyperbole to say that the dollar’s reserve status and broader dominant role is at least somewhat in question
    • the ballooning U.S. federal debt, which is already at a risky 120% of U.S. annual economic output … Most countries with that debt to GDP would cause a major crisis
    • he will force interest rates lower to boost the economy even if doing so risks stoking runaway inflation. That is a sure fire way to get people to flee the dollar.
    • This is the first step down a slippery slope where international confidence in the U.S. dollar is lost

    Hm, strange indeed. It’s just happening on its own and nobody can put their finger on why. Better say it’s “strange” and not “POTUS is intentionally destroying the US’s global standing via disastrous and illegal policy”