Big tech has a lot of drawbacks with the amount of the paperwork/processes and overall humongous structure. It is easier to get a promotion in a smaller company and then get re-hired later on in a bigger company with a better title, a lot of people are planning their career this way. Also one thing I think is becoming a trend is that within tech you can get "good" money, but not F-you money, that's why there could be a shift to people building their own companies.
In 2012, I asked my programmer-father if he would recommend becoming a software engineer. He said this: We automate ourselves to oblivion. He saw his company shrink from 300 to 8. That, he said, is the nature of the job. Always has been, always will. As companies improve their systems, programmers on the job, unwittingly help to make systems function well enough for companies to see that what used to take lots of people to work on their systems/apps, etc, only a few would suffice. Also, let's not kid ourselves. If an employer has to choose between a remote worker in California and one in Asia for 80% cheaper, -- and they're both remote -- who would employers pick? Then again, there's AI. So many factors come into play when it comes to tech and remote work.
Ai can't code for jack. Really talented software engineers are rare and they have companies lined up to snatch them. Been in the field for 7 years, always had a job. Depends on how hard you will compete.
The AI part is where you got it wrong. AI in its current state is simply overhyped. Tech is not necessarily Big Tech. 99% of Tech jobs are not in Big Tech. Before May 2024, I had conducted technical interviews (not those stupid leecode ones) to fill 7 positions for different companies.
@@Flyingpengui3 of all that tasks AI can get good at programming in #1. Each company has millions of lines of "good code" they can use to train the models on. And that code is structured and commented to a company's internal standards.
@JBoy340a no it can't! Ai can't code bro! Ai can spit out templates for simple code but it can't do much more! This template might save you 20% time. Ai cannot and will not find all the nuances. I'm a swe and I use Ai for nowadays is documentation fetching, it's pretty useless.
As a Fin working a big tech aint too bad, x4 salary to swe in finland and benefits are amazing. Its still a grind but atleast you can cry in a porsche :)
Just like anything, it's a cycle. I am sure the same thing happened to petroleum engineers back in the 1950s. No matter how cool-sounding a job might be, eventually, everything will become dissatisfactory.
Startups are not paying big tech salaries, they're also much more stressful! So any big tech dev claiming they're leaving for this is lying. It really means they're burnt out or about to be fired.
These guys have already raked in millions from stocks , Stocks are not going to grow 10x from now that soon, especially with the level of scrutiny and regulation, penalties from various govts. They have realised the paltry monetary growth relative to their assets in exchange of 24x7 stress, delivery pressure , office politics , family sacrifices is not worth it. They have already made it.
I worked in big tech for 2 years, I took the stock and left. The job was not exciting, for me personally. At my age, early 30s, and with my experience I want to work on new startup projects that are changing the way things work or making a difference. Those big tech companies are behemoths now, they are becoming the old guard and they are soaking it dry. The startups of today will be the behemoths of tomorrow and that’s the paradox. Those who worked at these behemoths when they were startups are/have cashed in. Interesting, as an American, I started my own small software company and have been contracting with startups from outside the US. I might not become a behemoth, but we’ll scale and I’ll get a piece of the pie. Oh, and yes I’m relocating outside the US - there’s tons of talent across Eastern Europe.
Big Tech companies are imploding. No one wants to work for a company that could collapse like Enron at any moment. Investors think AI is way better than it really is and CEOs play along.
I ithink bigger companies have even worsening situation with managers than before. Part of problem is propably that as compnies are not growsing so fast they are now focusing contorlling and metering people more.
I work at Amazon/AWS I'm leaving next month after my stock vest. Trust me there is plenty of money to be made outside big tech. This is my highest earning year ever hear but still going to leave. You don't want to sell your sanity for money. Trust me!
as a Brazilian living in a city with 40k people with no tech job at all closer than 40 km away, I'd rather sacrifice in my Room at my home than having long commutes for work everyday. At least here big tech are not allowing remote work anymore, and 90% of the Jobs are in São Paulo capital.
Comparing the job of a investment banker to a programming job is apples to oranges, programming is WAY WAY WAY more frustrating and taxing to your mind and body than an investment banker job which you know most of the 100s of hours they work is a "show face" one, doing coke with your boss and billing your client for it is not really "working" homie...
@@InternetMadeCoder I couldn't agree more. I got to know the stress bankers go through from dozens of accounts from a few bankers I know and others I don't know (from media).
So. You get another 100K worth of stock every year, and if the company is going well your first 100K worth is worth 200K in year 2. And then double again to be worth 400K in year 3. And then worth 800K in year 4.... So you have a big stack of shares and options. Then after 5 years you can walk with over 1 M in shares, and if the company does well those shares are more valuable year after year throwing off hundreds of thousands in appreciation.
It also has very little to do with cost-of-living and has more so to do with the fact that the majority of these programmers lived well outside their means oh you got a tech job and you bought a Tesla your first year and you wonder why you don’t have any money, oh you got a tech job and you’re paying $5000 a month for an apartment and you wonder why you don’t have any money got a tech job and you get DoorDash literally every single day instead of cooking your own goddamn groceries I wonder why you don’t have any moneyif you’re making $100,000 a year you could easily live off of 4000 very comfortably and you could be banking $2000 a month
I'm sure there is some of that. Why though would you choose a monastic lifestyle to work in one of the hubs instead of an upper middle class lifestyle in a small town working remotely and able to have kids in safe environment and a wife that can work part-time or not at all?
No need to doordash much if you work at the big tech companies. The cafeteria has free food 5 days a week with pasta stations, grills, sushi, salad bars, dessert bar, smoothies, etc. And you can go pickup another gourmet lunch in the late afternoon and take it home. So, you can keep your food costs really low.
as a Brazilian living in a city with 40k people with no tech job at all closer than 40 km away, I'd rather sacrifice in my Room thank having longe commutes for work everyday. Até least here big tech are not allowing remote work anymore, and 90% of the Jobs are in São Paulo capital.
@@JBoy340a 30 km are the startups offices, the big ones, Google, Facebook, Amazon of Brazil ... are ALL in são Paulo capital, almost 200km from where I live. Thats why I didn't Even search for Jobs that are not remote, doesnt master How experience / smart I get, I'm happy with startups
They’re just individuals who have garnered human capital from working at such places and now are cashing that in. If you were capable of such opportunity and didn’t take it on for a t least an extended period. I would say that’s very foolish.
Big tech has a lot of drawbacks with the amount of the paperwork/processes and overall humongous structure. It is easier to get a promotion in a smaller company and then get re-hired later on in a bigger company with a better title, a lot of people are planning their career this way. Also one thing I think is becoming a trend is that within tech you can get "good" money, but not F-you money, that's why there could be a shift to people building their own companies.
In 2012, I asked my programmer-father if he would recommend becoming a software engineer. He said this: We automate ourselves to oblivion. He saw his company shrink from 300 to 8. That, he said, is the nature of the job. Always has been, always will. As companies improve their systems, programmers on the job, unwittingly help to make systems function well enough for companies to see that what used to take lots of people to work on their systems/apps, etc, only a few would suffice. Also, let's not kid ourselves. If an employer has to choose between a remote worker in California and one in Asia for 80% cheaper, -- and they're both remote -- who would employers pick? Then again, there's AI. So many factors come into play when it comes to tech and remote work.
Ai can't code for jack. Really talented software engineers are rare and they have companies lined up to snatch them. Been in the field for 7 years, always had a job. Depends on how hard you will compete.
The AI part is where you got it wrong. AI in its current state is simply overhyped. Tech is not necessarily Big Tech. 99% of Tech jobs are not in Big Tech. Before May 2024, I had conducted technical interviews (not those stupid leecode ones) to fill 7 positions for different companies.
@@Flyingpengui3 of all that tasks AI can get good at programming in #1. Each company has millions of lines of "good code" they can use to train the models on. And that code is structured and commented to a company's internal standards.
@JBoy340a no it can't! Ai can't code bro! Ai can spit out templates for simple code but it can't do much more! This template might save you 20% time. Ai cannot and will not find all the nuances. I'm a swe and I use Ai for nowadays is documentation fetching, it's pretty useless.
As a Fin working a big tech aint too bad, x4 salary to swe in finland and benefits are amazing. Its still a grind but atleast you can cry in a porsche :)
❤ it. 😂
Just like anything, it's a cycle. I am sure the same thing happened to petroleum engineers back in the 1950s. No matter how cool-sounding a job might be, eventually, everything will become dissatisfactory.
Startups are not paying big tech salaries, they're also much more stressful!
So any big tech dev claiming they're leaving for this is lying. It really means they're burnt out or about to be fired.
But they may offer equity, which in case the startup succeeds leads to much more than any big tech salary. High risk, high reward.
Its not all about money. I want to leave after 10 years and build my own thing because i see alot opportunities
These guys have already raked in millions from stocks , Stocks are not going to grow 10x from now that soon, especially with the level of scrutiny and regulation, penalties from various govts. They have realised the paltry monetary growth relative to their assets in exchange of 24x7 stress, delivery pressure , office politics , family sacrifices is not worth it. They have already made it.
I worked in big tech for 2 years, I took the stock and left. The job was not exciting, for me personally. At my age, early 30s, and with my experience I want to work on new startup projects that are changing the way things work or making a difference. Those big tech companies are behemoths now, they are becoming the old guard and they are soaking it dry. The startups of today will be the behemoths of tomorrow and that’s the paradox. Those who worked at these behemoths when they were startups are/have cashed in. Interesting, as an American, I started my own small software company and have been contracting with startups from outside the US. I might not become a behemoth, but we’ll scale and I’ll get a piece of the pie. Oh, and yes I’m relocating outside the US - there’s tons of talent across Eastern Europe.
Big Tech companies are imploding. No one wants to work for a company that could collapse like Enron at any moment. Investors think AI is way better than it really is and CEOs play along.
I ithink bigger companies have even worsening situation with managers than before. Part of problem is propably that as compnies are not growsing so fast they are now focusing contorlling and metering people more.
I am exiting a company that would be in this Big Tech category. It is a toxic culture, I a burned out, and I am so pleased to escape. 😌
supply and demand also plays a huge part. The supply of engineer is high while demand is low.
I predicted companies that provide wfh would get the best talent.
They are probably fired, they are not leaving on their own :)
yes sir.
I work at Amazon/AWS I'm leaving next month after my stock vest. Trust me there is plenty of money to be made outside big tech. This is my highest earning year ever hear but still going to leave. You don't want to sell your sanity for money. Trust me!
I worked at Big Tech company. Left after two years to get stock.
as a Brazilian living in a city with 40k people with no tech job at all closer than 40 km away, I'd rather sacrifice in my Room at my home than having long commutes for work everyday. At least here big tech are not allowing remote work anymore, and 90% of the Jobs are in São Paulo capital.
Comparing the job of a investment banker to a programming job is apples to oranges, programming is WAY WAY WAY more frustrating and taxing to your mind and body than an investment banker job which you know most of the 100s of hours they work is a "show face" one, doing coke with your boss and billing your client for it is not really "working" homie...
Wicked! 🤣
have you been a banker? I have and banking is 10x more stressful
@@InternetMadeCoder I couldn't agree more. I got to know the stress bankers go through from dozens of accounts from a few bankers I know and others I don't know (from media).
I've seen a lot of big tech companies that pay you 250k/year but 100, 000 was in stock options and you have to keep them a certain amount of time.
So. You get another 100K worth of stock every year, and if the company is going well your first 100K worth is worth 200K in year 2. And then double again to be worth 400K in year 3. And then worth 800K in year 4.... So you have a big stack of shares and options. Then after 5 years you can walk with over 1 M in shares, and if the company does well those shares are more valuable year after year throwing off hundreds of thousands in appreciation.
It also has very little to do with cost-of-living and has more so to do with the fact that the majority of these programmers lived well outside their means oh you got a tech job and you bought a Tesla your first year and you wonder why you don’t have any money, oh you got a tech job and you’re paying $5000 a month for an apartment and you wonder why you don’t have any money got a tech job and you get DoorDash literally every single day instead of cooking your own goddamn groceries I wonder why you don’t have any moneyif you’re making $100,000 a year you could easily live off of 4000 very comfortably and you could be banking $2000 a month
yep lifestyle creep is dangerous
I'm sure there is some of that. Why though would you choose a monastic lifestyle to work in one of the hubs instead of an upper middle class lifestyle in a small town working remotely and able to have kids in safe environment and a wife that can work part-time or not at all?
No need to doordash much if you work at the big tech companies. The cafeteria has free food 5 days a week with pasta stations, grills, sushi, salad bars, dessert bar, smoothies, etc. And you can go pickup another gourmet lunch in the late afternoon and take it home. So, you can keep your food costs really low.
Your wrong those large companies never attracted top talent - you don't need to be special to get into those companies
Good work-life balance at startup? That doesn't seem right.
Yes. I don't see how working 60-70 hours per week is a good work-life balance.
as a Brazilian living in a city with 40k people with no tech job at all closer than 40 km away, I'd rather sacrifice in my Room thank having longe commutes for work everyday. Até least here big tech are not allowing remote work anymore, and 90% of the Jobs are in São Paulo capital.
@@midlandscoder 40km commute is pretty short by Silicon Valley standards. Many are commuting 60+ miles one way.
@@JBoy340a thats terrible
@@JBoy340a 30 km are the startups offices, the big ones, Google, Facebook, Amazon of Brazil ... are ALL in são Paulo capital, almost 200km from where I live. Thats why I didn't Even search for Jobs that are not remote, doesnt master How experience / smart I get, I'm happy with startups
What're the next best career paths then?
Still FANG will pay more then smaller companies
They’re just individuals who have garnered human capital from working at such places and now are cashing that in. If you were capable of such opportunity and didn’t take it on for a t least an extended period. I would say that’s very foolish.
This video is a couple years late? Definitely not the current sentiment
Secret Santa has a meat grinder for you.
Gold rush is over
50 hours a week is light work!
Tech workers are opting to work for crypto companies.
RTO