What nonsense. I've been in tech for ~ 20 years and it's literally taken me from living below the poverty line on ssi disability to fully financially independent. This is the one career where I could have accomplished that. It's basically 'disability proof'.
Past performance generally speaking does not indicate future prospects.
I agree with you, but that is only for right now.
7-10 years from now, I see no new tech jobs and the same work shouldered by a decreasing number of people until they vanish with no replacement.
Chaotic whipsaws from disruption or other things can break brittle systems. Resilient systems don't have these problems, but they are only resilient because of their decentralization and lack of single points of failure (SPOF).
Profit through money printing optimizes for SPOFs, and there are no existing incentives that can produce any other behavior. Its a terrible fate of societies which embrace money-printing.
ive been in tech just as long. im a craftsman who cares about my work. i work for myself. no big tech company will ever prioritize the right stuff ever again, that is pretty clear everytime i make the mistake of updating any software ever.
i guess the real message is the boom is over if you want cushy or easy money