1. OBBB rolled back the R&D deduction changes in Section 174 that (allegedly) triggered the layoffs and froze up hiring in 2022-2023.
2. It looks like rates will keep going down.
3. Fewer people are going into CS due to the AI hysteria. You might say oh there's a 4 year lag, but not quite. We should see an immediate impact from career changers, CS grads choosing between career and professional school, and those switching out of CS careers.
The tech AI fear hysteria is so widespread that I've even heard of people avoiding non-SWE tech careers like PM.
2. It looks like rates will keep going down.
3. Fewer people are going into CS due to the AI hysteria. You might say oh there's a 4 year lag, but not quite. We should see an immediate impact from career changers, CS grads choosing between career and professional school, and those switching out of CS careers.
The tech AI fear hysteria is so widespread that I've even heard of people avoiding non-SWE tech careers like PM.