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PaperclipPerfector  1mo ago (text post)   3734 thread views

Small-Scale Question Sunday for August 18, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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I think that the ZIRP economy has not inflated the need for SWEs but the capacity for tech companies to magazine away tons of SWEs and having them essentially do no productive work.

The end of ZIRP will not mean SWEs will go without work but that some of them will filter out into the real economy, where there is both a need for them and where they can do real material good.

There will be some readjustment of compensation downwards and overall compensation will still be good but not astronomic.

AI as it exists today will increase productivity some but that will mostly just mean that more work is possible to do profitably, not unemployment.

The end of ZIRP will not mean SWEs will go without work but that some of them will filter out into the real economy, where there is both a need for them and where they can do real material good.

As someone whose IT work has been all in the "real economy", this is something I'm eager to see. Non-IT fields have a decade of catch-up to do technology wise, maybe more, and the devs in those companies right now mostly specialize in CRUD apps and are not equipped to do that catch up. Some fresh blood coming in from the frontlines will help a lot.

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