Current market condition. What say?

Lot disagree. Only one thing is true . This is not recession but stabilization. It will be for a while till the year end. Believe it or not , elections do impact markets and hiring a lot. Lot of projects dont start in US or get shortened during this time.

For freshers, you are in for a tough year . Spend lot more time on upskilling and getting trained somehow.

Doesn't make much sense. Totally disagreed with point 2. One of the podcasts of Nikhil Kamath with VCs. All of them talked about the same thing there are a lot of interests in the Indian market and money is ready to be invested. You should watch too.

To be honest nothing is in danger due to AI.

To explain my point : Everything is dependent on economies and economy is dependent on demand and supply. If AI takes away jobs the PPP will be reduced this will reduce overall demand which will directly impact the economy. Which will inturn drop demand and investment in stocks as well which will cause stagnation in global markets as markets only work once money moves. If market is stagnant than its permanent recession/depression so overall economies will collapse. Thus no government is going to harm their economies just for the sake of AI running wild. So keep calm and hold your seats. Definitely there will be change in working style and type of jobs. Nothing much. And even in that case tech workers can adopt much faster than any other type of workforce.

Open for comments.

Probably this is coming from a person in services sector or tier 3 background. Asking engineers to go for shit banking exams MF

This is dumb advice. Very myopic view of everything.

It’s like text form of what is obviously a very clickbaity YouTube video with sensationalism but little facts.

This person just wants others to see things their way. Also, both banking and management are in danger because of AI. And it's not true that humans have stopped making new tech and improvements – especially with advanced stuff like SOTA and deep tech. While it might seem like some jobs, like REST API developers, are at risk, there are plenty of new jobs being created too. But people like him, who hire based on biases, make the problem worse.

I somewhat agree with the guy. I have 5 YoE, work as a Senior Engr and even for me atleast 40-50% lines of code I write is through GitHub Copilot now.

Software jobs won't go away, that's nonsense. But the "allure" of them will definitely fade. There is an almost infinitely growing supply and one can do more with less. That's something that will happen across all white collar jobs.

Tax: 4.5 YoE, tc: 1.2 cr

This guy/girl has catered to the top companies approach to hiring, not mentioned GCCs at all, which implies that his post is targeted towards aspirants for the top companies only.

Definitely agree towards his point on the compensation piece though since the market is down, and supply is more than demand (startups funding gone to pre covid levels)

Wasn’t Devin a scam?

Kindly explain Japan Economy?