Skilled tech workers snapped up despite downturn

Re:Skilled tech workers snapped up despite downturn by senko on Tuesday December 20, 2022 @03:25PM (#34071995)

> So basically you had a perfect storm of a bunch of people trying to figure out something from scratch and massive over investment from VCs.

This could describe today, with crypto (tech still looking for solutions to problems that aren't scams), AI (great potential but mostly in a gimmick phase right now), and VCs coming from a decade of record-low rates causing extreme valuations across the board ($5M seed rounds, etc).

If you exclude Big Tech (which also took a beating but is managing), the smaller tech scene is ripe for a disruption of a very uncomfortable kind.

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Re:Skilled tech workers snapped up despite downturn by Beaver117 on Tuesday December 20, 2022 @04:21PM (#34072762)

Collectively crypto failures might have lost more money than the dot com crash

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Re:Skilled tech workers snapped up despite downturn by eastbound on Tuesday December 20, 2022 @05:15PM (#34073485)

> crypto, AI and VC

I’m pretty happy for all those sectors to tank, they don’t produce value that people would pay for, while we struggle finding competent people for product startups generating 500k per employee.

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Re:Skilled tech workers snapped up despite downturn by alltheworlds on Wednesday December 21, 2022 @07:28AM (#34079791)

Pay them more and you won't struggle.

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Re:Skilled tech workers snapped up despite downturn by eastbound on Wednesday December 21, 2022 @08:46AM (#34080647)

Hi, union representative!

Do the hard tasks and I pay you exactly this amount. People are, really, so lazy. Yes there is some jQuery in the app, well it’s not the bane of the world, and yes we gotta interact with customers, horror, well deal with it and I pay you exactly the revenue it generates.

But of course everyone wants to have K8s and microservices on their resume, rather than building something people want.

I’ve said almost that to my senior, but he keeps hating the jQuery app. It’s fine with me, but don’t complain.

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Re:Skilled tech workers snapped up despite downturn by dasil003 on Tuesday December 20, 2022 @08:00PM (#34075328)

This makes sense in terms of VC (not to mention broader crypto investors who got hung out to dry by SBF's ponzi scheme), but as far as employment is concerned I am not convinced that crypto represents anything like the marketshare of web startups in 2000.

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