This is absolutely the crisis of aging hitting the software engineering labor pool hard. There are other industries where 60% or more of the trained people are retiring in 5 years. Software is now on the fast track to get there as well.
This is a great point. I think what is most jarring to me is the speed at which this is happening. I may be wrong but it felt like those other industries, it took at least a couple decades for it to happen, and it feels like tech is doing it in a matter of months?
Nah. It’s two different phenomena with the same end point. Those other industries lost young entrants because of the rise of the college pursuit. And yes that took decades. But for software we’re still 20 years out at least before the we have a retirement crisis.
Although, we already one back in 2000 when not enough working age people knew COBOL.
Anyway, it’s a historical process. It’s just one we’ve seen over and over and just don’t learn the lesson.
This is absolutely the crisis of aging hitting the software engineering labor pool hard. There are other industries where 60% or more of the trained people are retiring in 5 years. Software is now on the fast track to get there as well.
This is a great point. I think what is most jarring to me is the speed at which this is happening. I may be wrong but it felt like those other industries, it took at least a couple decades for it to happen, and it feels like tech is doing it in a matter of months?
Nah. It’s two different phenomena with the same end point. Those other industries lost young entrants because of the rise of the college pursuit. And yes that took decades. But for software we’re still 20 years out at least before the we have a retirement crisis.
Although, we already one back in 2000 when not enough working age people knew COBOL.
Anyway, it’s a historical process. It’s just one we’ve seen over and over and just don’t learn the lesson.