AI didn't cause the tech jobs bust, but it explains why there's no recovery

Source? In my personal experience what you’re describing has nothing to do with race. Managers / leaders I’ve encountered who want to save money are just as happy to hire in China, Poland, or anywhere else compared to the place you’re thinly veiling your allusion to if the price is right.

There is a significantly bigger ethnic cartel manufacturing jobs in US: https://news.ycombinator.com/item?id=50019237

Almost all of these jobs (onshore/offshore) are bullshit jobs. I've been asking people for ~25 years: what do people offshore do? Nobody knows. Jobs are created, people are hired, after that ...

Now, the new craze is GCCs (Global Capability Centers).

We're not allowed to talk about it.

My company made the big mistake of hiring a Vietnamese into upper management. Now he's offshoring and laying off natives and hiring new teams in his home country. Only a handful of devs and software support are still here, hundreds of devs in east Asia.

Is there data supporting this: "ethnic cartel who refuses to hire anyone but their own people"? I've worked with plenty of folks from this "ethnic cartel" in my chain of leadership and my anecdotal experience is nothing of the sort.

You have said the actual truth

Definitely part of the issue (and the vast majority of people who ignore it because they're too PC to call it out are as well) however it's a small piece of the total pie. There are other bigger economic choices that are worse and causing more immediate harm

Sure, it's not the capitalist vore machine that needs to increase growth every quarter, so it does to tech industry what was done to automobile industry in the 60s.

Evidence for that is Apple. The one company that didn't go on a hiring binge during the Covid years is also the only company not doing mass layoffs. What a curious coincidence.

AI is providing a cover story for incompetent executive management decisions at firms worth trillions of dollars. I'm not saying anything about how useful or not useful AI will actually be, but it's clear that these geniuses funded a bunch of dead-end projects chasing fool's gold, and then they needed to free up capital to get in on what could be an actual gold rush.

They are on the rise but that rise is slower than and has not yet made up for the jobs lost despite growth in revenues returning to the industry

Your link says the postings are on the rise. The article also says postings are on the rise.

I've heard it's on the upswing again, but then became depressed when I actually looked into job listing.

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The boom bust thing is a policy choice. The issue are not unforeseen factors, but the legal/tax/financial system with predictable bubble bust consequences.

Point taken. thanks for the feedback

But aren't these data points based on statements made by companies, a contentious premise because of the competing claim that AI isn't really driving layoffs (rather economic conditions for capital), but rather AI is a convenient excuse as how companies can achieve similar results, with a smaller headcount?

"Most likely" based on what?

Are bees okay? https://beeswax.getflourish.org/

I don't have that. How do I get that?

Perhaps it’s easier to define companies that are not in the tech sector better than ones that are.

Either way, I think the category still has a non-zero amount of meaning.

If your primary product is computer hardware or software and you serve more than one market, you’re probably in the tech sector.

E.g., Epic Systems is not a tech company, even though all they do is make software, since they only serve the healthcare industry.

We can’t say the same thing about Apple even though they make healthcare products and services.

Even companies like Epic Systems or other customer-specific tech industries like FinTech can get lumped in the tech industry umbrella in the right context, and I generally think that makes sense.

Developer is where I disagree with you more strongly. It is much more straightforward as “a single kind of job” in the sense that almost all of them are affected in the same ways by AI. It doesn’t really matter what company you work for: if you’re a Java developer and AI is increasing output/decreasing hours, that affects your employment status regardless of your industry.

Some proportion of them will be back if we get a 50% pull back.