Software engineering industry in 2024 what, why changed in 2 years, what is next

Found it very good, and plain simple.

Keynote at Craft Conference 2024 video https://www.youtube.com/watch?v=VpPPHDxR9aM

01:22 Small teams moving faster than before

03:21 What else is familiar from earlier?

05:13 What is going on in the tech industry?

11:13 Root cause #1: interest rates

18:37 Root cause #2: smartphone & cloud revolution

20:57 The new reality for software engineers

23:41 Shopify's preparation to this "new reality"

25:56 The new reality for software engineering practices

34:21 Haven't we seen this before?

Very simple explanation on interest rate impact on VC funding and IPO, and what might come next with related tech bubble, trigger events