The Boom-Bust Tech Cycle is Back—And This Time, It’s AI’s World

Think your tech skills are future-proof? If they don’t involve AI, they might be past their expiration date.

The tech job market has shifted dramatically, leaving many highly skilled workers scrambling for roles in an industry that once couldn’t hire fast enough. Since 2020, job postings for software development have dropped over 30%, with tech companies prioritizing revenue-generating AI projects over previous moonshots like virtual reality.

Layoffs continue, affecting even experienced workers who once relied on their networks. AI specialists remain in high demand, often commanding two to four times the salary of a regular engineer, while traditional tech roles stagnate or vanish.

Internships and entry-level positions have dried up, making it harder for newcomers to break in. As companies invest heavily in AI, the question remains: Will your skills adapt, or will someone who mastered AI take your spot?

Read the full article on Wall Street Journal.

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