Not sure it will be the same. 2008 was not just a regular business cycle recession. That was a huge event that I agree would be devastating.
Tech work is much more diversified now, right? Did capital one, starbucks, nordstrom, Walmart, Target, car makers and just about everyone have a sizable SWE team in 2001? They do now and a lot of those are probably in profit center roles.
That sets aside that big tech really got even more cemented into daily lives after both of those crashes. 2013 onward IMO. Just looks at how Tinder has changed relationships.
That said, I'm still proceeding with caution and don't have a self-assurance that I'm correct. I've set myself up to be able to peace out for a year in Vietnam or another cheap place if, somehow, the floor falls out.
> Did capital one, starbucks, nordstrom, Walmart, Target, car makers and just about everyone have a sizable SWE team in 2001?
Yes - and 1991 for that matter. They weren’t building mobile apps and the trend has become stronger but almost every large organization has been building software for decades.
Building software wasn't what I was talking about. They've obviously done that.
I'm talking about the sheer amount of software and people that support those efforts now, in addition to how much profit comes from it. Surely it has grown by more than say...5x.
Tech work is much more diversified now, right? Did capital one, starbucks, nordstrom, Walmart, Target, car makers and just about everyone have a sizable SWE team in 2001? They do now and a lot of those are probably in profit center roles.
That sets aside that big tech really got even more cemented into daily lives after both of those crashes. 2013 onward IMO. Just looks at how Tinder has changed relationships.
That said, I'm still proceeding with caution and don't have a self-assurance that I'm correct. I've set myself up to be able to peace out for a year in Vietnam or another cheap place if, somehow, the floor falls out.