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A comment on Electrical engineers on the brink of extinction threaten entire tech ecosystems. Parent comment

Re:Electrical engineers on the brink of extinction threaten ... by golemarms on Tuesday July 19, 2022 @01:26AM (#32147851)
> If the Federal Reserve sticks to its guns and gets rates up, and keeps them there, it will be unsurprising to see "hard" engineering jobs be valuable again, while all the CSS people suddenly can't find two pennies to rub together.

I was under the impression that "hard" engineering isn't as financially attractive to investors due to the long payoff period as compared to web software. In that case, won't high interest rates actually hurt "hard" engineering due to a greater discount being applied to future cashflows?

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Re:Electrical engineers on the brink of extinction threaten ... by mjh2539 on Tuesday July 19, 2022 @01:32AM (#32147881)
Precisely; electrical engineering as a field requires enormous amounts of capital. Software development also requires capital, but not nearly as much, and the returns are much higher.
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Re:Electrical engineers on the brink of extinction threaten ... by naasking on Tuesday July 19, 2022 @10:27AM (#32152010)
The iPhone had some pretty huge returns for Apple. Maybe "most" EE doesn't have huge returns, but that's also true of most software.
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