- Influencer Deedy Das raises alarm about widespread layoffs in big tech companies, signaling tough times for software engineering careers.
- Artificial intelligence (AI) is replacing human tasks, leading to fewer job openings and a preference for experienced hires over fresh graduates.
- Despite tech’s increasing importance in our lives, job opportunities in the industry are shrinking, prompting concerns about the long-term viability of software engineering careers.
In a recent series of social media posts, influential tech figure Deedy Das has raised concerns about the future of software engineering careers. Das highlighted the challenges facing the industry, including mass layoffs at major tech giants like Tesla, Google, and Apple. Reports indicate that over 70,000 tech jobs have been lost in the first four months of this year alone.
One significant factor contributing to these layoffs is the integration of artificial intelligence (AI) technologies, which are replacing traditional job roles. Companies are prioritizing efficiency over scale, leading to a reluctance to hire new graduates and a preference for experienced hires. Startups, in particular, are hesitant to invest in training fresh talent.
Despite the surge in reliance on technology in people’s daily lives, job opportunities in the tech sector have not expanded accordingly. Das suggests that this trend may continue, with companies favoring smaller and more efficient operations. While some remain optimistic about the future of software engineering, others caution that the days of guaranteed success and wealth in the industry may be over.
In the last 20yrs, “study CS and work in tech” became a “path” to wealth
Now:
—BigTech did layoffs, aren’t hiring
—Tech job postings are ~40% of ’21
—Startups often prefer tenured hires
—Huge pipeline of CS majors: 40% of MITWinter is coming for software engineering.
🧵1/5 pic.twitter.com/VPU6WWuTTl
— Deedy (@deedydas) May 2, 2024
