Probably, but that’s also where all the best opportunities and innovation is. I also think every role will eventually be what we consider tech to be now.
Depends on what type of tech. Operation Managers are always in demand at Amazon and they pay well. Know quite a few post MBA contacts who lateralled over there after their first role. Mass layoffs in the space are probably stressful to think about but their compensation is often better than almost any non-IB/consulting roles (at least for the first few years out post MBA).
Seen some consulting peers move to companies in red hot industries (like data centers, medical supplies), often mid-sized corporations that most folks have never heard of. Am aware how much one of them is making and its on par vs. what he was making at a Tier 2 consultancy.
This is nothing, you should've seen the 2010s. Now THAT was an exodus.
"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill |
"It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
Those are mostly the engineers, it's not nearly as bad on the corp side.
"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill |
"It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
I think the answer is yes at the obvious entry points and no across the actual market. Consumer PM at a hot AI startup, data analyst at a bank, ops manager at Amazon, solutions / implementation at vertical SaaS, infra roles around data centers, and strategy at a mature software company are all completely different labor markets.
The crowded part is the lazy version of the pivot: “I want tech, preferably AI, preferably remote, preferably strategy/product, preferably without being technical.” So I’d ask: “which part of tech, and do I have an unfair reason to be hired there?”
Read more of my writing here: https://consulting2tech.substack.com/
Lot of code monkeys are getting fired or are already fired.
There's lot of hype around AI frameworks, harnesses, etc... But those are fake jobs that just happens to pay. You can't make a career out of that.
Also overall, with AI, pure software edge is disappearing so I think things will just tend towards being a company with a real experience. So short answer is no, more people are moving away from tech to a real life work.
I think your take on the “AI will replace everyone in 18 months” is fair. That just feels like hype more than it will really happen.
Say, in finance, if you can save time on company research, market mapping, transcript review, CIM summaries, buyer lists, or first-pass diligence - great, that is genuinely useful. Because it really is time-consuming to manually get all of this information.
I also agree it won’t replace a real investment process or proper modelling anytime soon. Nobody serious is letting an agent run a sell-side process or write an IC memo without review.
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Probably, but that’s also where all the best opportunities and innovation is. I also think every role will eventually be what we consider tech to be now.
Depends on what type of tech. Operation Managers are always in demand at Amazon and they pay well. Know quite a few post MBA contacts who lateralled over there after their first role. Mass layoffs in the space are probably stressful to think about but their compensation is often better than almost any non-IB/consulting roles (at least for the first few years out post MBA).
Seen some consulting peers move to companies in red hot industries (like data centers, medical supplies), often mid-sized corporations that most folks have never heard of. Am aware how much one of them is making and its on par vs. what he was making at a Tier 2 consultancy.
Seems about right... Although I think those red hot industries are akin to logistics/construction/manufacturing than what people consider "tech".
This is nothing, you should've seen the 2010s. Now THAT was an exodus.
I mean, everybody knows working for a bank is dead. Pay is absurdly low for the boring and long hours.
Hm, weird. I thought tech was going through rounds and rounds of layoffs?
Those are mostly the engineers, it's not nearly as bad on the corp side.
I think the answer is yes at the obvious entry points and no across the actual market. Consumer PM at a hot AI startup, data analyst at a bank, ops manager at Amazon, solutions / implementation at vertical SaaS, infra roles around data centers, and strategy at a mature software company are all completely different labor markets.
The crowded part is the lazy version of the pivot: “I want tech, preferably AI, preferably remote, preferably strategy/product, preferably without being technical.” So I’d ask: “which part of tech, and do I have an unfair reason to be hired there?”
Lot of code monkeys are getting fired or are already fired.
There's lot of hype around AI frameworks, harnesses, etc... But those are fake jobs that just happens to pay. You can't make a career out of that.
Also overall, with AI, pure software edge is disappearing so I think things will just tend towards being a company with a real experience. So short answer is no, more people are moving away from tech to a real life work.
This might be the most uninformed post I have ever read on this website.
Your lack of foresight and imagination is not my fault. But I am sorry for your loss.
Space is literally dying with all the layoffs
I think your take on the “AI will replace everyone in 18 months” is fair. That just feels like hype more than it will really happen.
Say, in finance, if you can save time on company research, market mapping, transcript review, CIM summaries, buyer lists, or first-pass diligence - great, that is genuinely useful. Because it really is time-consuming to manually get all of this information.
I also agree it won’t replace a real investment process or proper modelling anytime soon. Nobody serious is letting an agent run a sell-side process or write an IC memo without review.
Corporis error velit consequatur et ratione. Fuga aperiam accusamus quasi soluta harum a. Autem enim aut et ratione rerum occaecati. Qui qui est molestiae modi eaque impedit sunt. Ullam laboriosam in magnam dolor est dolor ipsam. Velit quibusdam veritatis aliquid ad.
Et harum amet deleniti fugit ad quia. Molestiae quis cupiditate corporis qui aliquid debitis doloremque. Cumque voluptate ut labore qui. Ut laboriosam facilis non accusantium. Consectetur id ab consequatur architecto aliquid repellat minus.
Dolores eveniet adipisci cupiditate. Voluptatem impedit placeat voluptatibus alias iste consectetur reiciendis. Id optio natus blanditiis accusantium tenetur dolores ratione. Eligendi perspiciatis voluptatum harum omnis illum voluptatum laudantium. Sed reprehenderit sunt molestias fugit blanditiis.
Qui cumque dolorem voluptates nulla. Quia modi rerum non ipsum libero qui. Odio voluptatibus sint magnam iusto sed aut.
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