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True technology positions have only increased in value & income.

"Tech" positions where diversity hires sit in a desk and censor/manipulate online discourse at the behest of monied interests and/or the corrupt USSA government are going away - but not for the reasons you or everyone else seems to think. These positions are being rapidly automated into obsolescence by GPT-3 and it's variants.

Remember, a software algorithm doesn't go rogue, leak, or get drug into a circus act in front of CONgress critters to be used by a bunch of useless eater actors for political talking point snippets and campaign advertisements.

Technology is automating away the fat. As it was, and as it always will be.

If your company took Blackrock funding and has to spout ESG nonsense, then you definitely have a large sector of make-work jobs. It’s a runaway job-creation for useless college graduates. Wokeness is all an upscale welfare program for HR drones and diversity hires.

I've worked in tech for many years.

What happened is Steve Jobs made a closed door deal with other tech CEOS to make a salary cap for workers. Not sure if this is illegal (probably, considering who came up with it) but at the very least it's unethical. It also meant that good workers had no incentive to stay with any one company. To draw them in and keep them, companies had tons of free bullshit- food, gourmet cafeterias, in house massage parlors, expensive nights out with teams, etc.

Like what happened with the nineties dot com bubble, they got a lot of angel investment and a lot of Boomer money from greyhairs that missed their chance with Facebook and Apple the first time around so every company was getting money virtually out of thin air. It seemed like it would never end so companies hired a bunch of needless people just to make themselves look good, spiritual coaches, social media assholes, the type of shit you'd see empty headed nineteen year old girls bragging about.

Of course this was unsustainable and anyone, even those without a business degree, knew what was going to happen. Problem is, all those people took those bullshit career paths because they didn't have any business sense. So, rather than keep an eye out for other options, they thought they were secure and it was a lifetime job.

It was inevitable that companies would have to cut back. Not just on the free shit, but all their unnecessary workers. This came at a time when emotional resilience is at an all time low and shit that would be seen as commonplace in other generations, like being put out of a job, is a major tragedy.

Investors watch the stock market closely and don't really give a fuck about workers. They would gladly fire ten thousand people if their stocks rise half a point so once you start depending on their money you know there are going to be a lot of firings. It's not over yet, either.

It's the (((money))) that's pure crap not the jobs. All us dollars are made by jew banks. People, even here, are just too fucking stupid to understand that.

No they didn't. Useless HR positions and squishy diversity-filled positions just fell off a cliff.

There will always be a demand for good (real) tech people.

LEARN TO PLUMB

kek

Remember that time france went broke, so the king of france said "fuck you" to the aristocrats, and proceeded to put ordinary people into positions of power and modest wealth, greatly expanding the middle-upper class?

This is that, except bolsheviks and diversity aren't people.

Make work for diversity hires and indoctrinated bolsheviks from the pseudo-'white' (don't know they're jewish bastards) cast-off class. They're angry because they're genetically liberal 80% of the time. The high paying makework is a form of danegeld to keep the middle from joining the lower and eating the upper class.
Of course the system stuttered, and nearly died in 2008, which is why we saw the occupy movement, and a subsequent massive push for race politics, to keep the middle and the upper united against an unnameable, faceless, boogieman, i.e. "white supremacy" and "racism".

its a lot harder finding gigs these days.