9,388 engineers polled by Motherboard and Blind said AI will lead to less hiring. Only 6% were confident they'd get another job with the same pay.

Thousands of Software Engineers Say the Job Market Is Getting Much Worse::9,388 engineers polled by Motherboard and Blind said AI will lead to less hiring. Only 6% were confident they’d get another job with the same pay.

  • KevonLooney@lemm.eeEnglish
    0·
    10 months ago

    That doesn’t make sense because salaries are a current expense, not a capital expense to be amortized. And why 5 years? The work a software engineer does may be outdated in a year or two. Only certain legacy applications are around for 5 years.

    The amortization time period is supposed to match the usefulness of the item purchased. Basically, software engineers are an ongoing expense, not R&D.

      • KevonLooney@lemm.eeEnglish
        0·
        10 months ago

        Those are the legacy applications. This is the survivor bias 100%. You don’t see all the projects that were created and then dumped after a year or two (see Google).

      • UnderpantsWeevil@lemmy.worldEnglish
        0·
        10 months ago

        Real laughing-crying emoji hours.

        I’ve got a friend who got his job entirely because he’s under 40 and knows Fortran.