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In the boom times people get too cocky and in the retrenchment they get too pessimistic.

Bill Gates came to my university in 2001 or 2 urging people to major in computer science because the dot-com bust was bad and everyone was convinced coding was going to move mostly offshore. People who followed his advice did well.

Now everyone is convinced coding will be taken over by AI… and move offshore. It seems like ai will change things more than offshoring but once again not as much as everyone seems to think. We still have offshoring but it didn’t stop programmers ramping toward and beyond seven figure salaries.

To the author’s credit this doesn’t read like panic, it’s level headed, but it is inevitably quite dark. In the 90s recession people temped, worked in coffee shops, and made or listened to amazing music. Not to be flip but maybe for a college grad (no kids) getting sidetracked from a tech developer job for a while is a blessing in disguise.





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