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Comment by mtviewdave | Hacker News Reader

Nobody wants to admit it but we are in a tech bubble.

On the contrary, people love to claim Silicon Valley is in a tech bubble and have been doing so continuously since 2011.

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If it isn't a bubble the rest of the world is in an 'anti-bubble', which will hopefully anti-pop any time soon resulting in more money for tech workers :-)

Demand for good developers is extremely high in the US. Which is why salaries are so high.

How can one tell if they are a good developer or not? It's about one-for-one that whenever I read a statement that demand is high I recall a story (even some posted on HN) of someone struggling to find work and vice-versa. Is the demand at a historical high or presently higher than other industries, but still cannot keep up with the supply? Or are only a fraction of those job seekers good?

Combination of the two: Also folks aren't "good" or "bad" but rather able to add value in different circumstances. Some may be able to add more value in a more structured development environment where a mentor helps guide their every step. Others may strive in a green field situation where they can really build the "whole thing" themselves. Both of these modes have their costs in the near and long-term with the latter potentially harder to scale to other developers after the fact, but at the time appearing impressive. The former means continuity in the organization but some individuals will grow less in this model. And of course there are a million other models. Everyone thrives differently.

There have been loud screams of "Bubble!" since at least 2007: https://www.youtube.com/watch?v=SvmNDym6CvQ

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