Reply to Has this board missed the huge contraction in tech?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There are engineers going back to school for CS degrees.

CS majors will still be in high demand and command good salaries. It doesn't necessarily have to be FAANG.

Even a CS graduate working for one of the many defense contractors in the DMV area will do well. [/quote]

But as good as the last couple years? No. [/quote]
again, still better than English majors, or most majors.  Top paying jobs are all engineers.[/quote]

“All” engineers? I am quite sure you’re wrong about that. I’d rather be a liberal arts major on track to be an MD at a major Wall Street bank (like my BIL now  making 7 figures) than a CS major working on AI at a tech company. [/quote]

Yup totally agree with this. Bankers are rainmakers even at middle market and boutique banks, MDs can make several million a year. With some notable exceptions, no engineer will do that on current income. On options and RSUs, perhaps - but then that’s the lottery ticket aspect. Pick the right momentum stage startup and it becomes a winner. I know plenty for him it happened but many more for whom it didn’t

Prob for bankers - burnout is high. Your 20s are lost to making pitch books on overnight and weekend wild goose chases. And so those who make it through that, many become insufferable in their 40s

[/quote]

IB is a miserable life.  You sell your soul for $.  With tech, not as much.  [/quote]

+100000

Lots of tech jobs are 9-5 with WFH[/quote]
+1000

And not all engineering/CS are desiring the "elite/premium" jobs.  Every company has engineers/cs people---those jobs will always be needed.  Many do not require 80+ hour work weeks and still get paid well for their skills.[/quote]

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