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Re:Claude Sonnet 4.5 by epolanski on Monday September 29, 2025 @05:47PM (#45419177)
The market was heading for saturation anyway with more and more people getting into it not for interest but job prospects.
Re:Claude Sonnet 4.5 by int_19h on Monday September 29, 2025 @08:13PM (#45420453)
That was already a common thing 30 years ago.
Re:Claude Sonnet 4.5 by cmrdporcupine on Monday September 29, 2025 @06:34PM (#45419681)
That's the 10-20 year cycle always, though. The .com crash led to a major downgrading in the status of "tech" people for a few years, and then a slow recovery til it was insane again.

However, I'm not eager to be living through this again. It feels very spring/summer 2002 to me right now. That was the lowest point for the local market back then.

I don't think this latest contraction has much to do with AI though. It's more about higher interest rates, recessionary economy, trade wars, etc etc.