Comment by necubi | Hacker News Reader

Comment by necubi | Hacker News Reader

Parent Full thread

It was the same for me growing up in the shadow of Silicon Valley in the early aughts, post dot com crash. Even when I went to college in 2008 the conventional wisdom was that there weren’t going to be any jobs in software, it was all being outsourced. I studied CS anyways, because I loved it. It was still very hard to get my first job out of college in 2012.

But then from like 2015-2022 things got crazy. Anyone with a CS degree, or even a boot camp certificate, could immediately get a 200k/year job with little effort. And people started to think this was normal, would last forever. But in fact this was a crazy situation, it absolutely could not last.

I feel for the young people who thought (or were told) that CS degrees were an automatic ticket into the upper middle class. But in reality, there’s no such thing.

> I feel for the young people who thought (or were told) that CS degrees were an automatic ticket into the upper middle class. But in reality, there’s no such thing.

It's not just about money. Besides, the gold rush that you describe was only this big in the US, for a certain subset of workers, and only during a limited time (I feel like splitting up the 2015-2022 period into pre- and post-pandemic is more than warranted on its own). I went into CS not with an expectation of endless riches, but because I really like computers. My goal isn't $200k/year, it's employment. I would more than gladly take a lower-end job doing digital pencil-pushing, or IT, or tech support, or really anything that lists a CS degree as an acceptable education for the job. But it's not just that the money had dried up - the jobs aren't lower-paid, they're not less attractive, they just don't exist anymore. I can't imagine what the job search was like for you in 2012, but whatever financial pessimism might've existed at that time seems like a wholly different beast to what we have today.

2012 was also on the tail end of the Great Recession. I actually somewhat reluctantly hung on where I was for an extra year or two because I didn’t want to play my connections cards in a tough market. As it turned out it basically took one email but I didn’t know that would be the case.

Reply on news.ycombinator.com