There is no bubble. We will see years of relative contraction to the growth, merely because technology seems to develop in an S shape when represented graphically.

It'll only become obsolete when automation can replace them, but that isn't a crash.

Now, if you want to see a bubble, look at higher education.

Quote from: Meta Cognition on September 24, 2014, 01:49:31 AM

There is no bubble. We will see years of relative contraction to the growth, merely because technology seems to develop in an S shape when represented graphically.

It'll only become obsolete when automation can replace them, but that isn't a crash.

Now, if you want to see a bubble, look at higher education.

By bubble, I mean the demand for CSE majors is only temporarily inflated, it's going to go back down once positions are filled.

Believe it or not, we're actually in a slow period of technological development. I don't really know, but I imagine that depresses CSE demand to some extent. Or perhaps it lags a bit, and the current demand is from the previous stage of technological development.

It's actually a fairly overqualified field. My girlfriend's dad has a master's degree and experience running his own CSE business and still has trouble maintaining a contract. I'd say it's reaching a breaking point, especially with all the immigrants coming over for the jobs.