Is it over for Software Engineers? My honest thoughts on the job market and tech industry in 2024π§βπ»
Summary
TLDRThe video discusses the state of the software engineering industry in 2024, focusing on how it evolved from the zero-interest-rate era, where startups flourished, to a period of economic adjustment marked by layoffs and hiring freezes. Despite concerns over AI replacing software engineers, the video argues that AI is actually empowering engineers to be more productive, leading to a surge in new software development opportunities. It highlights the ongoing demand for skilled engineers to build innovative AI-powered applications and emphasizes the importance of adapting to new technologies for career growth.
Takeaways
- π² AI is not replacing software engineering; instead, it is augmenting the capabilities of software engineers, making them more productive.
- πΉ The software engineering job market experienced significant changes due to the economic shift from zero-interest-rate policies to higher interest rates, leading to a decrease in available funding and job opportunities.
- π Despite the economic downturn, AI has emerged as a key driver for growth and innovation in the tech industry, promising increased productivity and GDP.
- πΌ Companies like Meta, Google, and Apple are investing heavily in AI, indicating a strong future demand for software engineers who can build and implement AI solutions.
- π Generative AI has opened up new possibilities for software development, creating opportunities for software engineers to build innovative applications that were not feasible before.
- π The rise of AI has led to the creation of new job roles and companies focused on AI technology, further expanding the field of software engineering.
- π οΈ Software engineering encompasses far more than just coding; it includes problem-solving, system design, and architecture, which AI tools are enhancing rather than replacing.
- π‘ AI tools are assisting software engineers by automating certain tasks, allowing them to focus on more complex and impactful aspects of software development.
- π The future of software engineering is bright, with a growing number of opportunities for those who can adapt to the AI-driven landscape and leverage these tools effectively.
- π± For aspiring software engineers, learning to use AI tools and staying adaptable to technological advancements is crucial for success in the evolving tech industry.
Q & A
What was the impact of the zero interest rate policy on the software engineering industry?
-The zero interest rate policy, also known as the 'zerp days,' made it easy for companies to raise money, leading to an increase in hiring software engineers. This period was characterized by a boom in job opportunities and high salaries for engineers due to the abundance of funding and the need to demonstrate good use of investment by expanding engineering teams.
How did the increase in interest rates by the Federal Reserve affect tech companies?
-The increase in interest rates made it more difficult for companies to raise funds, leading to a reduction in liquidity in the market. This resulted in a downturn where companies had to cut costs, including significant layoffs, affecting the entire industry and not just software engineers.
What role did AI play in the job market changes of 2022?
-AI was not directly responsible for the job market changes in 2022, which were primarily due to economic factors like interest rate hikes. However, AI was seen as a potential savior for tech companies, promising increased productivity and economic growth, which could help companies recover and create new opportunities.
How did generative AI change the landscape for software engineers?
-Generative AI opened up new possibilities for software development, creating a demand for engineers who could build and implement these new AI-powered applications. This led to the rise of new industries and job opportunities, as engineers were needed to create and maintain the software that leveraged these advanced AI models.
What is the current state of hiring in the software engineering field according to the video?
-Despite previous layoffs and economic challenges, the video suggests that companies like Meta and Google are hiring again, indicating a recovery in the job market. The interest rate environment is improving, and there is a renewed focus on building new software solutions, especially those powered by AI.
How does the video script define the role of a software engineer in the context of AI?
-The video script defines a software engineer as a builder of software solutions, emphasizing that while AI can assist in coding and other tasks, the fundamental role of a software engineer involves problem-solving, system design, and architecture. AI tools are seen as aids that make engineers more productive, not replacements.
What are some examples of new companies and technologies mentioned in the script that are contributing to the AI industry?
-The script mentions companies like Anthropic with its AI model Claud, Perplexity with its AI search engine, 11 Labs with its voice engine technology, Mid Journey with its photo generation app, Stability AI with its open-source image generation model, and Hugging Face as a central repository for AI models.
How does the video script suggest software engineers can adapt to the AI-driven world?
-The video script suggests that software engineers should learn and utilize AI tools to their advantage, as these tools can assist in various aspects of software development, making engineers more productive and efficient. It also hints at a future video that will delve into how to be a software engineer in an AI-centric world.
What is the significance of the layoffs mentioned in the video script, and what did they indicate about the industry?
-The layoffs mentioned in the video script signify a period of economic adjustment in the tech industry due to changes in market conditions. They indicated that companies had to downsize to adapt to a more challenging economic environment, but they also highlighted the resilience of the industry, as companies later resumed hiring.
How does the video script view the future of software engineering jobs in relation to AI?
-The video script is optimistic about the future of software engineering jobs, arguing that AI will not replace software engineers but will instead empower them to do more by offloading some of their workload. It suggests that the demand for software engineers will continue to grow as new AI-powered applications and solutions are developed.
Outlines
π€ AI's Impact on Software Engineering Jobs
The video discusses concerns about AI replacing software engineers and how the industry has evolved. It outlines the historical context of software engineering, highlighting the 'easy money days' when startups could raise funds easily, leading to a high demand for engineers. The speaker then explains how the market changed around 2022 due to interest rate hikes, causing a reduction in liquidity and leading to layoffs in the tech industry. The video also touches on the personal impact of these layoffs, as experienced by the speaker at Meta.
π AI as a Savior for Tech Companies
This section of the video script focuses on AI's role in reviving tech companies' fortunes. It discusses how AI promises to increase productivity and global GDP, leading to a state of abundance. The speaker mentions how major tech companies like Meta, Google, and Apple are investing heavily in AI, and how this has benefited companies like Nvidia. The video also delves into the rise of generative AI and its potential to create new applications, emphasizing that software engineers will be central to building these applications, thus AI is not replacing but empowering engineers.
π The Emergence of Generative AI and New Tech Companies
The speaker highlights the emergence of generative AI and the founding of new tech companies that focus on AI models. Examples include Anthropic, Perplexity, Labs, Mid Journey, Stability AI, and Hugging Face. These companies, which did not exist five years ago, are now leading in their respective AI fields. The video argues that despite the rise of AI, the demand for software engineers is not diminishing; instead, engineers are needed to build and maintain the AI-powered applications that are becoming increasingly prevalent.
π οΈ The Role of Software Engineers in the AI Era
This part of the script emphasizes that software engineering is not just about coding but involves problem-solving, system architecture, and design documentation. The speaker argues that AI tools are assisting software engineers by automating parts of the coding process, allowing engineers to focus on more impactful tasks. The video mentions that companies like Meta and Google are continuing to hire software engineers, indicating that the profession is far from obsolete. The speaker also points out that even as AI tools become more sophisticated, the fundamental skills of a software engineer remain essential.
π The Future of Software Engineering and AI
In the concluding part, the speaker reassures viewers that the world needs more software engineers, not fewer, despite the advancements in AI. The video suggests that the job market for software engineers is recovering as economic conditions improve. It also hints at a future video that will discuss how to become a software engineer in the AI era, emphasizing the importance of learning AI tools and adapting to the changing landscape of software development.
Mindmap
Keywords
π‘AI
π‘Software Engineering
π‘Zero Interest Rate Policy (ZIRP)
π‘Liquidity
π‘Interest Rates
π‘Generative AI
π‘Productivity
π‘Startups
π‘FED
π‘Layoffs
Highlights
AI is not replacing software engineering; instead, it's enhancing productivity and creating new opportunities.
The software engineering market in 2024 has evolved, with AI playing a significant role in shaping its future.
Zero interest rate policy (ZIRP) led to an influx of easy money, creating a boom in startups and software engineering jobs.
The Federal Reserve's decision to raise interest rates in 2022 marked a shift in market liquidity and funding accessibility.
Tech companies like Meta faced stock price drops, leading to layoffs and a market correction.
AI is seen as a savior for tech companies, promising increased productivity and global GDP growth.
Investments in AI by major companies like Meta, Google, and Apple are driving innovation and job creation in the software engineering field.
Generative AI has opened up new possibilities for software development, creating demand for software engineers to build innovative applications.
The rise of AI has not made software engineers obsolete; instead, it has empowered them to build more with less.
AI tools like ChatGPT and others areθΎ ε©θ½―δ»Άε·₯η¨εΈοΌθδΈζ―ε代δ»δ»¬οΌιθΏθͺε¨εηΌη εε Άδ»δ»»ε‘ζ₯ζι«ζηγ
Despite the challenges, the demand for software engineers remains high, with companies like Meta and Google actively hiring.
The role of a software engineer extends beyond coding to problem-solving, system design, and architecture.
AI's impact on software engineering is reducing the time spent on coding, allowing engineers to focus on more impactful tasks.
New AI-powered tools are making it easier for aspiring software engineers to learn and build software quickly.
The future of software engineering is bright, with AI creating more opportunities for innovation and job growth.
The video concludes by emphasizing the importance of software engineers in the AI-driven tech industry.
Transcripts
is AI replacing software engineering
artificial intelligence will replace
software engineer for development
seemingly looming
threat what's up you guys I'm back with
another video and in this video we're
going to talk about the software
engineering industry and the whole
market and its state in 2024 so let's
get started all right so this video is
going to be broken down into two parts
the first part we'll dive into what has
happened and how the market has changed
changed and in the second part we'll
talk more about how it is today and how
it's going to be going forward so let's
rewind a little bit we go back to the
zerp days Zer means zero interest rate
policy this was easy money days because
companies found it very easy to raise
money and investors were easily
investing millions of dollars in all
kinds of startups just based on little
ideas and the reputation of the team
which is still kind of true even today
but back then it was way easier and like
we had all these crypto startups and
random startups raising a few million
dollars because there was so much
liquidity in the market what happened
was this period lasted for a while for
the past 10 years up until I would say
2021 2022 this is when things started to
change a little bit right back then
companies found it easier to raise money
so they were easily raising millions of
dollars and then they were hiring a lot
of Engineers right because the way to
demonstrate that you're spending this
money in a good way is to hire a big
engineering team so there was a lot of
obviously jobs and openings for
engineers and then once they hire these
my Engineers they were able to raise the
next round because now they have a
bigger team and then they want to have
an even bigger team so they want to hire
even more so they would raise even more
millions of dollars right so this was
easy money days even for software
Engineers if you were a good software
engineer you had plenty of options to
choose from because there's all these
companies they have all raised big
funding rounds and they're offering lot
of salary and there was like it was a
paradise for software Engineers because
you could pick and choose where you want
to work and people were misusing this
even some people I personally know
joined the company work there for a few
months and then on to the next one
because they were getting even more
money there this was too good to be true
and I kind of knew at the back of my
head that this isn't going to last
forever well it was the good old days
anybody could literally go and do a boot
camp or learn simple front-end framework
like react and build a few clone apps
like YouTube clone Netflix clone and
stuff and show them as projects and
easily get hired as a software engineer
things have changed a little bit because
in 2022 around 2022 things started to
change right because the FED which is
the American Federal Reserve decided to
raise the interest rates and this
started the whole cycle where the whole
world started raising interest rates and
now we are at a period where like
interest rates are above 5% so like the
liquidity in the market reduces because
people find it hard to get funded easily
because investors don't have as much
liquidity in their hands so what
happened basically companies founded
difficult to raise money at the same
time companies were also like finding it
difficult to increase their profits
because as there's less liquidity in the
market like companies started to spend
less money and when companies decide to
spend less money other companies would
make less money right so this snowballed
into a place where Market started to
crash like this was the turning point
right all the big stocks like Facebook
Google Microsoft all took a deep dive
because the markets were crashing
globally and this led to a period where
companies had to do something about it
right I remember because I work at meta
I remember that at one point our stock
price fell below $100 something had to
change right what happened layoffs
severe wave of job Cuts in July with
over 8,000 professionals laid off across
34 companies this was the worst time in
everybody's career I think it's not just
Engineers it affected everybody equally
I would say in some companies Engineers
were more affected but in my personal
experience at meta we had big rounds of
layoffs but engineering was the least
affected because meta is an engineering
company and there are so many other
software engineering companies which
prioritize their Engineers but at the
same time
during the zero interest rate days they
had hired too many Engineers they had to
correct a little bit right I can share a
little bit of my personal story at meta
right there was this day of layoff which
was in 2022 late 2022 there was this day
when we were all in the office and
suddenly uh we got an email that okay
meta is going to do layoffs and then
after this all of our connections were
blocked right we didn't have access to
our own laptops because our laptops are
controlled by meta right so here I am in
the office trying to log into workplace
and trying to access my Dev server and
we just didn't have access right so like
everybody started to panic like what
just happened did we all get laid off
like it was some people are saying like
maybe they tanked the whole Dublin team
but then we realized that this happened
across company right they blocked
everyone's access and then eventually
the people who were staying back started
to get their access back slowly it was
one of the most difficult days in my
career when everybody around me is like
panicking and people are crying and it
was like a difficult day right but
that's how it was that's how it was
across companies like some companies had
it worse I heard stories about Google in
New York when these people went to the
office and their badges wouldn't work
anymore because well they had been fired
so yeah it was difficult times and
companies had to do this like it had to
reset right and this was the big reset
keep in mind that this happened before
even chat GPD was released so it
probably had nothing of very little to
do with AI it had more to do with the
interest rates and the liquidity in the
markets and the fact that stocks were
crashing left and right okay now enters
the Savior ai ai is the big Savior for
all these tech companies right because
it promises it promises that there will
be a big increase in productivity there
will be a big increase in the GDP of the
whole world and that we will make so
much progress that the AI will help us
to create so much revenue that we will
we will be in a state of abundance right
because the GDP will be so high and the
companies will make so much money and
this is in fact true right like we
started to see all the companies start
investing billions of dollars like
biggest companies in the world like meta
Google Apple they started to invest
billions of dollars in Ai and at the
same time who benefited from this Nvidia
right we all know how Nvidia has gained
in terms of its stock value because well
Nvidia was at the center of AI because
all the companies needed these Hardware
these gpus to train their AI models and
suddenly it became so important right
because imagine open AI launches chat
GPD well actually I knew this because at
some point I found this on Twitter that
there was this thing called gpt2
playground right this is when I
discovered this whole AI game and I was
fascinated by it like you could just go
into the there was no chat GPD
application but there was this little
portal with like a little input box
where you could say something like
imagine you are a software developer now
write me a code for this simple HTML
page for example right and it would
actually output that word by word and it
was pretty good so they launched at GPD
and just changed everything right
because they literally gave rise to this
whole new industry of generative AI for
software Engineers because generative AI
unlocks so many new applications so many
new kinds of applications that can be
built now that were impossible to do
before right and all this benefits who
software Engineers because who's going
to build these apps because there's
going to be thousands and tens of
thousands of new apps and software
that's going to come out and well it's
already started but it's going to come
out and it's going to grow even more as
more and more people get into this and
start to become software Engineers
because software Engineers are in the
end going to be the ones building these
software because what is a software
engineer right it's an engineer who is
engineer is a builder of things and
software is what we're building right so
all this generative AI software and all
these other general purpose software
which can now get better with AI can be
built but will be built by software
Engineers who else do you think is going
to build all these apps and software is
it going to be Farmers doctors lawyers
no it's going to be software Engineers
like the world already has a lot of
software engineers and we're going to
start seeing even more of them because
it's now much easier to learn how to
build right like the AI is getting so
good that it's going to assist you and
it's going to help you in build whatever
you want to build and in the end you're
going to learn a lot and the learning
process has reduced like today I'm
confident that I can pick up a new
language and build a completely new tool
which I had no background in in just a
weekend it's that easy right and yes it
might vary from person to person like
some people who just getting started
might take a bit longer than me but like
they will eventually be able to learn
whatever they want to learn to build
whatever they want to build right these
people keep saying that software
engineering jobs are dead software
Engineers are obsolete but I think
that's kind of the antithesis of this
because in the end what they're doing is
like hey you know I don't know how to
quote but I can use cursor and composer
and repet agent and whatever to build
these apps so with the power of AI a lot
of people now have the power to start
building and like building new apps and
new services and in the end what they're
doing is becoming software Engineers
themselves right because look at it like
in just in the past two years since 2022
so many new companies have launched and
they have had the fastest growth ever in
history right look at companies like
anthropic they built Claud Sonet right
which is like the top end of AI models
right now it's even better than open AI
chat GPD look at perplexity perplexity
is this new kind of search engine which
they're trying to compete with AI to win
the search Market there's Labs which is
this new voice engine which is actually
powering almost 90% of the voice apps
like wherever you're seeing voice
interaction with computers it's usually
powered by 11 Labs because they're the
leader in this and they were also they
didn't exist 5 years ago then there's
mid Journey which is this AI photo
generation app that didn't exist 5 years
ago as well stability AI is the company
who launched this open- Source image
generation model called stable diffusion
and then it it gave rise to a whole new
industry of so many photo generating
apps like we all see levels iio photo AI
like this guy couldn't have built photo
AI without stable diffusion without
stability AI which again didn't exist 5
years ago right look at hugging face
hugging face is this other company which
is like the collection of all the models
like every single AI model will be found
on hugging face because this is like the
central repository of models right all
these companies didn't exist 5 years ago
because there was no need for it right
this generative AI wasn't a thing so
open AI single-handedly gave rise to
this new industry and there their
contribution is done I'm sure they're
cooking new things and they're going to
launch their GPD 5 and stuff and it's
going to be amazing but even if they
just stop at this they have done enough
they've contributed this whole new
industry to the world and now the world
can take it over like the world is ready
all the companies are working on this
like including not just these startups
but the big companies like meta has
launched meta AI like we have some of
the highest density of talent right we
have some of the best AI Engineers we
have some of the best software engineers
and the same is true for Google like
these guys have also built Gemini and I
think meta and Google Apple everybody's
going to launch their own Ai and it's
going to be better and better because
everybody's investing billions into this
right but again take a step back who is
going to be building these apps it's
going to be software Engineers like yeah
you can call yourself an AI engineer
data engineer whatever the new lingo
whatever the new jargon is in the end
fundamentally they're all falling into
the bucket of software Engineers like
even in these AI companies right okay
there is a role called AI research
scientist those guys are the ones who
have done the PHD who are actually doing
the math and statistics and to come up
with these new models but in the end
it's going to be software Engineers who
build these models and launch them into
production and build realistic apps like
chat jpd like it was built by software
Engineers chat jpd was basically a front
end a react app which was powered by
this gpt3 model or whatever right so in
the end you need to understand software
Engineers built software and don't be
confused software engineering is not
equal to coding coding is a very small
part of software engineering and it's
getting smaller by the day because as
these AI models get better at coding
they are actually offloading some of our
workload as software Engineers so me
personally I think I would spend maybe
20 to 30% of my time coding in my day
job because AI does a lot of the work
right so I can focus on other things
other more valuable more impactful
things like a software engineer does so
many things like okay first of all
you're solving a problem right problem
solving is the fundamental skill so for
example if you're going to build
software for banks Bank the banker will
come and tell you their problems but
they don't know what they want like in
the end they have no idea what software
is going to work for them the software
engineer figures out okay what are the
requirements like requirements Gathering
is the first step and then you come up
with the solution like how do you solve
the problem and then you will architect
a system to solve this problem you will
write design docs this is what I do
right we write design docs to propose a
solution and then we discuss it with
other engineers and then we start
building right when you start building
you break it down into smaller tasks and
then maybe each task can be worked a bit
quicker with AI because AI makes us more
productive right that's the whole
purpose of AI like the whole point
between this like AI rise of industry
like why did the stock market start
Rising again because these AI companies
made a bet that like look we are going
to build this Ai and it's going going to
increase the productivity of everyone
around the world which is in turn going
to create more abundance and more
resources and more output right it's not
like okay we build this AI so instead of
having 100 Engineers we can build the
same things with 10 Engineers so we will
let go of 90 Engineers no it doesn't
work like that you have 100 Engineers
they can now do the work of thousand
Engineers so yes smaller teams can
produce more output and that's what's
happening today right we need less
number of Engineers to build the same
amount of projects but that doesn't mean
the projects the number of projects
coming out will stay the same the number
of projects coming out will increase
because like there's so much software to
build like literally this is end of
almost end of 2024 and I'm telling you
there's so much software yet to build in
this world there's so many problems that
we can solve with software especially AI
powered software and these Solutions
were never possible before otherwise
they would already have been built in
fact if you don't believe me let's let's
start looking at these companies right I
have my laptop right here all right so
if you don't believe me let's take a
look let's take a look at um I don't
know perplexity AI right perplexity
careers is what we will
search okay let's go to perplexity
careers what do we have here our value
so and okay look at who they're hiring
they're hiring for AI inference engineer
AI research engineer AI software
engineer full stack engineering manager
senior search engineer so basically
these are all the engineers they're
hiring right like let let's look at
another company like anthropic okay
anthrop ropic careers so this is how by
the way you look at the jobs of a
company just search for the company and
their careers page right let's look at
this one jobs at anthropic core
engineering senior software engineer
infrastructure staff software engineer
infrastructure so look like they are
literally design engineer this is the
other thing right like designers are
also becoming Engineers because in the
end the companies need you to build
things right not just design things so
designers who can learn to code with AI
I have an advantage because they're also
becoming almost software Engineers but
they also have their design background
which is a plus like design engineering
is a growing field right now let's look
at other companies right let's look at
uh what was the other companies I
mentioned mid Journey mid journey is
special because they're like a small
team they're also like I don't even know
who the founder is but let's see let's
see what they're doing right mid Journey
careers openings at Mid
Journey so mid Jour is not hiring like I
said like mid journey is this mysterious
company let's skip them let's look at um
hugging face hugging face
careers current
openings so look hugging face is hiring
senior front end engineer right senior
frontend engineer US senior front end
engineer Europe developer experience
engineer look everybody wants these
Engineers right like who are these
Engineers they're all software engineers
and okay some of you might say what
about Devon Devon and these other
companies who are building software
Engineers okay let's look at Devon AI
right what is the name of the company
cognition cognition is the name of the
company right let's look at them so
these guys hypothesize that they will
build an AI software engineer who will
replace software Engineers right okay so
let's look at their jobs
page open positions General application
machine learning researcher software
engineer
like if Devon could build himself why
are they hiring software Engineers
because again like Devon can maybe write
code for you and all it applies to all
these software engineering startups
where like they're building automated
Engineers yes maybe they can build a
tool that can write code for you that
can automate this code for you and trust
me I work at meta we already have this
technology within the company we have ai
we have something called code compose
that helps us to write code and then we
have like also now we are opening
reviewers which can review pull requests
but in the end all of this assists
software engineers in building these
software faster right so I can do much
more work in the same amount of time
because I have these software
engineering helpers right it's not again
be clear that coding is one part of the
job and it's becoming easier because of
these AI Solutions right like people
talk about cursor and cloud and stuff
yes they're amazing tools right cursor
can help you get started very quickly
like even if you have an idea of what
you want to build you can prompt it to
cursor and then it can generate the code
for you but to be honest if you want to
build an actual app and launch it you
have to know already how it's going to
work like what Claude and uh Devon and
cursor help you to do is get your output
sooner like for example if I know what I
want to build I'll have to write the
code which which will take me maybe a
week right but with Claude and cursor
and these tools maybe I I can get that
code written for me within a few hours
hours or few minutes even right but I
need to know what this code is going to
be and that's just part of the job and
then what are you going to do with this
code like maybe okay it generated the
front end for you and it generated a few
apis and then you launched it how will
you deploy it deployment is also part of
software engineering right you want to
deploy it somewhere so that you can
serve real users fine you figured out
how to deploy it and you you're serving
real users now but then there will be
bugs right these users will run into
bugs the moment the moment you start
having real users you will see how many
bugs you face and bugs are different
from errors right like okay Devon can
solve the errors easily but what about
runtime bugs there's no errors
everything is working perfectly it works
on my machine there's this famous saying
it works on my machine right but what if
it doesn't work on the actual deployment
what if there's some nasty bug in the
cash or whatever like there's always
these race conditions and stuff
happening that is almost impossible to
debug unless you really focus and you
know how the system works you cannot
debug it you cannot solve solve these
bugs unless you know how the system
works you need to understand the people
who benefit the most from this kind of
help is software Engineers because it's
literally making our jobs easier it's
enabling us to do so much more right
because to build software you need to
know how it's to be built and then these
AI tools can help you move faster like I
can get started in language I never
heard about and I can come up with a
proof of concept within a matter of a
few hours even right because I already
know the fundamentals and the
fundamentals don't change it helps you
to learn the fundamentals to learn how
to solve problems to learn how to think
about design and how to architect a
system this is the job of a software
engineer right like yes design people
will learn slowly how to do this as well
product managers might also start to
learn this but in the end what are they
doing they are also becoming software
Engineers as a software engineer I think
it's a great superpower for you to learn
these AI tools and to use them for your
advantage right in conclusion the world
needs a lot more software and the people
who are going to build these software
the builders are going to be software
Engineers right look I'm not going to
sugarcoat it it's definitely harder than
it was four five years ago four five
years ago like I said you could just
learn a front-end framework and build a
few little projects and that was enough
to get a job and you might have to learn
a lot more and prove and demonstrate
that you can do quality work and stuff
and you can still there's plenty of jobs
they're going to be plenty of more jobs
like meta is hiring again we are hiring
a lot of Engineers we Google is hiring
like all the companies have restarted
hiring because the interest rate storm
has come down a bit and the economy is
getting better in fact Federal Reserve
is going to reduce interest rate right
about now so this is going to get better
right like it was just this period of
time where companies had to adapt to
this High interest rate environment so
the easiest thing they could do was lay
off a big part of their teams but that
doesn't mean it's the end for software
Engineers it's far from it trust me
there's so much tools we need to build
there we have a lot of things to build
so don't give up well with that said I
wanted to also talk about how to be a
software engineer and how to adapt in
this AI world but I'm going to make
another video on this because I think it
deserves its own video and this video
has already been longer than I expected
it to be so with that said I hope you
like this one I hope you found value
from it I will see you on the next one
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