← Back to context

Comment by ls612

4 hours ago

From the inside, this is nothing compared to COVID. 2025 feels a bit weird but to compare it with 2020 is laughable.

That view sounds like it's coming from a position of a white person, not married to a minority, not an immigrant. That describes me too. Software engineer, more secure economically.

Even people with visas or permanent residency, or who even look like they might be Hispanic are justifiably worried about a random car pulling them over and breaking their window. If you aren't aware or concerned, I call that oblivious or a denial of reality. Or privilege (edit: corrected spelling).

It's different in some ways of course than with covid.

For (services) software people, 2020 was great: work from home, sky-high jobs demand (perhaps Zero-interest related), surging demand and revenue because by people were bored at home. Brick and mortar retail workers were screwed in 2020.

It is possible that 2025 could be the opposite, the software jobs market os already spooky for juniors, and could get much worse with an AI bust - guess what companies will do to show investors they are making up for written-off AI investments? A recession will lead to a drop in demand for online services like streaming, online shopping as people tighten their belts, upward ratcheting of subscription prices will only make the drop worse.

  • I think with an AI bust we're more likely to see juniors actually start getting jobs at reasonable rates... but only after short-sighted layoffs of a bunch of more senior positions as opposed to dumping AI products that so many companies have already signed year+ long contracts for in advance.

Depends on your country, 2025 can be either the super easy life or the super hard life compared to 2020.