Anyone else seeing this?
1999-2020 was 20+ years.
That’s about the length of a long-term industry cycle.
It’s also 20 yrs of selling a narrative about tech that recruited ambitious, value-driven people who also wanted to make money.
Don’t want 18 hr days at Goldman or 10 years of medical school, but want the pay? Come work 8 at And then if I was to get pretty negative: Then, ~2020 hits, the cracks in the ideology show, no way to hide the data revenue models behind every nice Change the World pitch, turns out tech also shredded social discourse and now looks like it might unemploy Mom and friends, and maybe undue democracy (who saw that coming haha), and so on. VCs always win and you’re tired of reading their same think piece blog posts, layoffs always win, a lot of places that seemed the polar opposite still became IBM accidentally. Work, don’t work, it’ll be several quarters before that catches up to you. If you’re really introspective - why did I make $200k+ in my pajamas during COVID while someone made $15/hr at Whole Foods getting exposed to a pandemic all day long? Pretty sure people in that position actually got very sick… but HelloFresh kept getting delivered so I didn’t realize. The shine has worn off. That is all imo. Place that are both really changing the world, actually understand the second order effects and plan for those, and you can get hired at are few and far between. It’s still/just an industry where you can make a ton of money and keep your brain curious.
You may see great opportunities to improve metrics within your org, but for various reasons you cannot actually achieve these goals based on your own individual effort. The reasons for failure are myriad, and I will avoid going down that path of sad tales.
Finally now, when I'm just about out of energy, I recognize that the most likely way to do something of significance or otherwise effect real beneficial change is to strike out on your own, ideally with a partner or two, and build something new. Of course that new thing will ultimately get bought by one of the bigger laggard companies who is incapable of allowing something like this to develop internally. But you accept that reality and vow to build something new after that opportunity is closed out.
At this point, we should be teaching classes on how to build great new things and get them sold off to the big slow giants. Rinse, repeat. I know there are people already doing this, but it's not well known or recognized.
I changed companies twice between 2020 and 2024 and I've noticed this at both places. Not only is the average tenure of current employees everywhere much shorter (most of the people in the big tech where I work joined in the last 3 years), everyone works like they're only planning to stay for a short while.
I feel guilty I’m a drag on the company but so hard to move in this market.
So just why I haven’t been that engaged and burnout. Maybe others have similar experience.
But honestly, I think it's better to find meaning outside of work. Work on something hard outside of work, or just find a few hobbies that make you happy. I'm not even 30 and I already personally feel the "grind mindset" leaving me as I find the things I thought were most important a decade ago don't matter so much any more e.g. lots of money and climbing the corporate ladder.
https://teambuilding.com/blog/manager-magazines
Read the articles and imagine your company leaders are following this advice. For example:
"When Your Employee Feels Angry, Sad, or Dejected"
https://hbr.org/2024/07/when-your-employee-feels-angry-sad-o...
Gives advice on what the right thing to do is, to get your employee performing again. It's almost like the leaders do not know this stuff themselves and are learning how to fake empathy. The article creates a two dimensional matrix for when to engage with employees and the two axes of that matrix are "Is your employee focusing on a time-sensitive goal?" and "Does your employee seem to be coping?". If the employee is doing something time-sensitive and they don't seem to be coping the advice is to "intervene and help that person focus". That is, help them focus on their work, ignore their problems, give them a pep talk, "you can do this", wink at them in meetings if they get shot down.
I've watched managers transform from nice people to tyrants due to absorbing stuff like this. They share this kind of advice with their peers also. "10 tricks to get more out of your employees and accelerate meeting your project deadlines". Maybe you could buy your managers a subscription to Psychology Today or something else that you think would be a better influence on them?
Real estate is bought in bulk by the same people that rake in the big bucks in those companies as well. And rented out to people that can't afford to buy a house for premium profit.
The same is happening online: companies are using the collective intelligence of everyone to train models to sell back to those same people for profit.
We're getting screwed at both ends
For the first time in a long while a generation is worse off than their parents. Food, housing, health, clean air and water. Every basic need from the bottom of Maslow's pyramid is currently under scrutiny.
The technology is ever boring. I've been studying CS papers from the 1960s-1990s and there is a lot of ingenuity and new avenues being explored. Now any random HN engineer can only ask "how is this better than Rust?" and I feel that not only we have remained stuck on languages and tech from the 1980s, we have regressed so much that most developers have forgotten or never even learned about "futuristic" environments such as Lisp or Smalltalk. People roll their eyes at these names for the simple reason that no one has been paid to improve upon these for the past 40 years, because companies only care about average productivity of the junior dev. We've spent the last 30 years reinventing C and UNIX; now the cool kids are adding coloured text in their VT100 terminals. Mindblowing.
I am still consulting because being an employee is more and more like white-collar slavery, and post-pandemic it's not even that well-paid, what with the massive influx of low-quality, low-requirement workers and the post-2008 money tap being closed. I am spending my free time devouring old CS papers, and the thought of writing 1500 lines of YAML to deploy a Kubernetes sounds such a pointless, anachronistic castle of sands built by massive tech corps that have just found a way of turning the art of computer programming into a circus of Taylorist code monkeys following a script for 8 hours a days.
Of course I'm apathetic. I'm too old for this.
/rant
I feel like over the last year a lot of people around me have reached the point where they would naturally start looking around at other opportunities. But there just aren't that many opportunities around. So I suspect people are just hanging about, collecting a paycheque and waiting for the right time to bounce.
What did people believe? In an ever-progressive world? That’s a limited and superficial perspective on life. Everything that is born, whether physical or not, will eventually die. The current circus will also come to an end.
There is a time for everything......
a time to tear down and a time to build...
The natural cycle of things will unfold, regardless of human desire.
I now work at a really small company lead by people who seem genuine (they've managed to at least keep up the act for a few years I suppose). It doesn't pay particularly well (though not bad for where I live either), and there's no "growth" potential (I learn lots of new stuff, but the money isn't going to double or triple or anything like that). No ads or hyperscaling - we just make a product that people are willing to pay money for. I'm as engaged as I've ever been for an employer.
Btw - I've been developing since 1999 as well, so there are plenty of people cleaning up the debt I left.
I read this article a couple days ago: https://www.japantimes.co.jp/business/2024/06/12/japan-quiet...
Japan is a great barometer for where many of the developed economies are heading.
>Only 6% of the Japanese workforce is engaged, one of the lowest readings in the world,
Labor Force Participation Rate in Japan increased to 63.10 percent in April, the highest in five months,
Less then 4% of their 120 million citizens are actually working and doing things their society demands.
In the 90's/2000's, the tech industry was seen as the place for visionaries and the hard workers who were there to change the world, to make it a better place. Google had the motto "Don't be evil", and wanted to make all of the world's information easily accessible. Apple was for the perfectionists, the artsy-tech crowd, Facebook was there to connect people, etc.
But as those company's (and the industry) matured, those dreams were pushed to the side. As these companies grew, it became about shareholder profit (because remember, company's have to operate in the best interest of their shareholders legally, which means protecting and increasing their wealth). As such, those visionaries at Google who were making the world a better place by making information accessible, now collect data and advertise to the world in, objectively, unethical ways. Those at Facebook who wanted to connect people from all over the world to build communities and promote discussion, now just grab as much data as possible to promote hyper-targeted ads.
The industry matured, interest rates rose, and VC's became more picky with where they spent their money. As such, these smaller slights against users and employees had to be accelerated in recent years. Teams and even entire departments were laid off, the quantity of ads was increased, while the quality decreased, free services locked behind paywalls, all in an effort to save money to meet a 5% profit growth that quarter.
Tech workers are no longer viewed as the world changers leading the company's vision for greatness, some execs view us as an obstacle to their revenue goals. We're a liability that needs to be mitigated, and layoffs are an easy way to do that.
Ultimately, we've all become kind of jaded to the tech industry. It's no longer about making the world a better place, it's about money, and we're not in the club.
There are two people on my team who have become extremely disengaged of late–and I think one has good reason–and one way this manifests is in their agreement to do or fix something, but those changes never actually being implemented. I find myself having to follow up many times to ensure things don't get lost in the shuffle. But I don't directly manage one of the people, and it seems like they just DGAF what I say–no matter how I approach them. "Strong suggestions" really don't go anywhere. Pretty apathetic, if you ask me.
[1] https://en.wikipedia.org/wiki/Pocket_veto
edit: fixed typos
No one is going to hustle for a meh deal, unless they’re naive or unsophisticated.