The Coli said this was where it's at...
Technology will always be popular....it will just evolve. We had low rates for a long time...then they got dropped even further during Covid giving a false sense of reality. Companies got greedy...low rates you invest because cash is cheap. Companies can afford those pet projects and hiring mad people...
Now all those loans have high ass interest rates and are like a noose around a company's neck. High ass inflation means everything is expensive...customers cut their spending. Business start losing money. So they cut costs...which means layoffs, cutting those pet projects. Tech is the worst in an economic downturn...I saw it when I first started out in the early 2000s and during 2008...then I said there's no way I will ever rely on a job and started investing.
As an older breh with a family, I'll be looking to transition out of tech. shyt is good for the youngsters and single folk...terrible if you have a family and want good work life balance. The money aint worth it if you're always getting laid off or always worried about your job or just generally being in such a negative environment. I've seen a lot of good people go over the years in some of the worst ways. shyt is ingrained in my memory.