It is cold in the winter, but it's also hot in the spring/summer.
It is post industrial in the sense that the economy has moved on from industrial type stuff like steel manufacturing -- the economy is very tech/service oriented, with lots of computer/tech/robotics startups and so on, as well as a large health care sector (University of Pittsburgh Medical Center runs their own health insurance which covers a significant portion of the entire state of PA). It was one of the cities least hit by the housing crisis and the economic backlash from that.
As for dangerous -- there are some bad areas, like in every city, but for the most part it's very safe. Safer than any big city in CA for sure.