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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 bumby on Tuesday July 19, 2022 @08:23PM (#32159748)
This is an interesting take. I wonder how much the last 20 years of relatively cheap capital contributed to this. A lot of VC money seems to already have dried up as interest rates start to rise.
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Re:Electrical engineers on the brink of extinction threaten ... by infinite8s on Wednesday July 20, 2022 @07:57PM (#32174059)
If you look at the explosion in salaries it's mostly been the last decade, which is coincidentally the decade of near 0 interest rates and capital chasing even more tenuous returns (ie the influx of money into VC funds which went into startups)
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Re:Electrical engineers on the brink of extinction threaten ... by bumby on Thursday July 21, 2022 @05:06PM (#32185076)
In theory, shouldn’t the cheap capital also caused explosion in salaries outside of tech? That didn’t seem to happen over the same time horizon
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Re:Electrical engineers on the brink of extinction threaten ... by infinite8s on Thursday July 28, 2022 @11:32PM (#32272864)
Well a lot of that capital went into VC funds, and not many VCs are funding things outside of tech.
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