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The Software Industry is "Cooked" !
- The software engineering industry is facing a fundamental shift driven by AI advancements, global cost-cutting trends, and economic changes.
- AI tools are boosting productivity, reducing demand for routine coding roles, and favoring AI research and machine learning positions.
- New programmers relying heavily on AI for code generation lack a deep understanding of programming principles.
- The myth of highly-paid Western developers is diminishing as companies turn to lower-cost alternatives globally.
- The global IT outsourcing market is expanding rapidly, with a significant increase in remote work trends.
- The software engineering job market is experiencing a correction after years of unsustainable growth, leading to increased scrutiny in hiring.
- Companies are now seeking highly specialized skills and real problem-solving abilities from engineers.
- The software engineering field is increasingly favoring engineers with deep expertise and the ability to solve complex problems.
- The market is creating a wider gap between exceptional software engineers and those who lack deep understanding of the field.
- Opportunities still exist for engineers who continuously learn and master their craft, while the outlook is challenging for those who remain complacent.
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