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| ▲ | pelagicAustral 2 days ago | parent | next [-] | | Well, this is the thing. I was talking to someone a few days back, someone in Academia, and the conversation around the table was about how can we make it so we don't have to resort to increasingly more sophisticated ways to surveil students so they don't AI slop their entire degrees. The problem is that universities, seemingly on a global scale, decided to run on economic incentives instead of academic ones. There are way too many people just doing degrees they have no interesting in learning about because university is just a way to a better job, and guess what, that "better job" no longer exists... and yet, year after year we have more and more people that have no clue what their credentials claim they should know by heart. | |
| ▲ | frmersdog 2 days ago | parent | prev | next [-] | | There wouldn't be too many new grads if all the capital wasn't locked up in a few Death Stars. A robust job market needs oodles and oodles of dumb, doomed small businesses and start-up companies chasing stupid products and services that will never succeed long-term
which employ not just top-of-class grads, but also mediocre grads and people who taught themselves from a few library books and even that one guy who can't build anything but is amazing at point out flaws and potential stumbling blocks
who learn from their mistakes at these companies and grow into knowledgeable and diligent workers from the experiences they have actually working.
Instead, all of the money is locked up in VC and passive funds that are chasing the same companies and technologies and applicants as everyone else. All at the exact same time, even; there's no one sitting on the sidelines, waiting for the model du jour to fail so that they can fund another approach later. This is beyond grads and schools. The entire ecosystem is a generational disaster, which is why we're seeing unprecedented bank bailouts and unprecedented monetary policy working at backstopping and sling-shotting into unprecedented capital market highs. In other words, we stuck one big egg in the incubator, and we're doing everything and anything to keep it from going bad, because we only have the one big egg.There is a temptation to declare a conspiracy against Millennials and Zoomers, but it's probably more likely that our "job creators" are just that stupid and self-interested. | |
| ▲ | bgilroy26 2 days ago | parent | prev [-] | | At least in 2020 when I was in this pool, the rate for recent grads from an average program was $75k-$85k | | |
| ▲ | alephnerd 2 days ago | parent [-] | | You were at the lower end of the TC scale. When I started as a SWE my TC was around $150K and that was in the early 2010s. And the Levels numbers line up with new grad salary bands from back in 2019-20 as well. Of course there is also a regional factor, but regional mobility has always been high at target programs (eg. It doesn't matter if you live in Seattle, San Francisco, or NYC but everyone will know UT Austin or Purdue). |
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