Top
image credit: Freepik

The once-secure profession of software engineer is under threat from AI and intense competition

January 12, 2024

Via: TechSpot

Software engineering has long been a lucrative career for the majority who enter it. Google once offered $200,000 per year plus perks for those at the entry level, while an L5 engineer at OpenAI could make over $900,000 a year.

Despite being so well-paid, most software engineers are worried about the way the market is heading, writes Motherboard. The number of layoffs in the tech world may have slowed down slightly, but plenty of people are still losing their jobs.

The tech industry saw almost 165,000 people laid off in 2022, according to layoffs.fyi. The following year was one of the worst, with 262,682 being laid off from technology companies.

Read More on TechSpot