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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Am very involved in the tech ecosystem and live here in DMV. Folks I know in the valley mostly have not found jobs yet. The Meta folks are struggling to find new work.

AI will crush many job types but especially so in tech. AI coding is ready quite good.

A company I know laid off its entire 20 person QA team and replaced with engineers QAing their own code with LLMs

It’s coming very fast. Human brains mostly are not evolving. AI is evolving weekly.

I’ve seen the next generation versions (we are about 6 mos into the public side of this) and they are rapidly evolving.

I don’t mean the world is ending thing. But I do mean that many jobs that we are training what we think are to-be high salaried future college grads for simply won’t be there

Remember how we used to all look at so called White Working Class and say “why are they so angry?”

Now get ready for that with CS grads in 5 years or less. The number of jobs will start to shrink fast. Meanwhile kids graduating with $200k+ of debt from private universities who expected the lifestyle of 150k plus starting comp and way more with RSUs and stock.

I personally would not encourage my kids to go in as CS (plus it’s hard as hell to get admitted given competition)

We need more skilled trades like plumbing and electrical but the DCUM crowd and our peers look down on that work. Just wait til those jobs pay more than tech coding jobs

It’s coming.

Signed,
25 year Silicon Valley guy now living in DC[/quote]

Telling  DCUM crowd to eschew CS for plumbing and electrician work.

Yeah...right.[/quote]

You missed the point. Laugh all you want but all these CS kids graduating with hundreds of thousands of debt. Let’s see how it all plays out. Everyone is in the denial stage. 
[/quote]

Not when you attend a large state school on scholarship with a well respected CS program. [/quote]
+1 but ITA that having $100K+ debt for a CS degree is not worth it, which is why DC is going in state flagship with merit.[/quote]

Nobody is graduating with $100k+ of loans from undergrad, unless their parents take out parent plus loans. Federal limit is around 30k. It’s grad school where people end up taking 100k+ in debt.[/quote]
I'm not sure that's true.  CMU, MIT, Stanford undergrad $80K/year. Even Cal oos is $80k/yr.  [/quote]

Yeah, but parents are paying or they’re getting some scholarships. There are limits to how much loans an undergrad can take out and it doesn’t even hit 100k. Their parents would have to take that money out.

https://studentaid.gov/understand-aid/types/loans[/quote]

And plenty of parents will take out loans to send their kid to these elite schools, even if they can't cash flow it or have it saved in a 529.  So they take $40K/year to pay the rest of the bills, the next year it's $48K as tuition/R&B increases and so on.  By time they graduate the parents have taken out ~$200K in loans, the kid has $30k and the parent wants them to help pay off the parental loans as well.

Not a smart idea but plenty of people do it.  Plenty do it and are not CS/Engineering majors ---not that that is a smart idea, but at least with a 6 figure income starting out you have a slightly easier path towards paying them off, but it's still stupid thing to do.

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