| ▲ | QuiEgo 7 hours ago | ||||||||||||||||
I’ve been told for 20 years that in 5 years my job is going to be offshored. If they could have they would have long ago. My theory: We had a crazy bubble of hiring during zero rate interest. We are living through a nasty correction. AI is moving the needle too, but it’s mostly being used as a scapegoat to save face and explain away cleaning up failed ZRIP yolo plans that didn’t pan out. We’ve also haven’t had a serious recession since 2009. It feels like it’s only a matter of time :( | |||||||||||||||||
| ▲ | windward an hour ago | parent | next [-] | ||||||||||||||||
You're zooming out and considering this negative sentiment with similar times in the past. I think that's wise. I think we should keep zooming out to other industries. Imagine you're an engineer for GM in Detroit in the 70s - would you consider the mean to be your contemporary middle-class lifestyle, or what it is in 2025? Similar for steel and semiconductors. It goes for other places, too. Is the US's financial strength of today its mean, or is it where the UK was pre-Suez Crisis? Where Japan was in the 80s? | |||||||||||||||||
| ▲ | matwood 4 hours ago | parent | prev | next [-] | ||||||||||||||||
I got my first programming job in ~98 while still in college. I had family members telling me then that programming was a dead end and was all going to be outsourced. I lived through .com, GFC, etc... This does feel more like a reversion to the mean at this moment rather than some crash...yet. I feel for the people who only have known a job market that was easy to step into and paid great salaries because they don't know anything else. It's a lot like the people who think they are great stock pickers because they've only been investing in the greatest bull market we've ever seen. When I came into the job market the rule of thumb was it would take 1 month/10k of salary to find a new job. Over time that moved to 1 month/20k of salary or so. Even then, someone making a FAANG type salary should be prepared to look for a ~year for a new job matching that salary. Being able to bounce from job to job while getting big raises along the way was the exception, and ZIRP only exacerbated it. | |||||||||||||||||
| ▲ | pjmlp 2 hours ago | parent | prev | next [-] | ||||||||||||||||
Adding my voice to sibling comments, this is from European experience, I have had several times been dumped from consulting projects, and having to do competence transfer to the offshoring team that would take over our team roles. Around five times since 2007. | |||||||||||||||||
| ▲ | jneen 5 hours ago | parent | prev | next [-] | ||||||||||||||||
I've had my job offshored in the past, in case a personal anecdote is relevant here. | |||||||||||||||||
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| ▲ | echelon 7 hours ago | parent | prev [-] | ||||||||||||||||
> I’ve been told for 20 years that in 5 years my job is going to be offshored. If they could have they would have long ago. "This time it's different." 20 years ago China and India had a nascent tech industry. Now they're booming. Talented folks all over the world - Asia, Latin America, and elsewhere - are working on hard problems. > We had a crazy bubble of hiring during zero rate interest. We did. This has had a tremendous impact, no doubt. But by the same coin, ZIRP has had half a decade to unwind at this point. There's other stuff going on. Tariffs, continued inflation, etc. We're not the only industry offshoring. Hollywood has moved a lionshare of production overseas in the last 4 years. Graphics design and marketing... It's being shipped out at volume. | |||||||||||||||||
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