Re(1): There are too many CS grads chasing too few jobs
Posted by: Anonymous
on August 09, 2008 10:52 AM
17 to 20 years ago is about when the demand for CS grads was starting to slacken off. When I started in IT (35 years ago) there was no "period of working on the cheap" to get in the biz. New MBAs don't have a period of "working on the cheap". New lawyers don't have a period of "working on the cheap". And new CS graduates didn't have a period of "working on the cheap".
To some extent, all technical professions have suffered over the last 20 years, but IT developers more than most, because a lot of development work for US and European companies is now done in India and other low-wage countries. The trend is to increase the proportion of software development work done in Asia - so the situation will get worse. (from the point of view of software developers in Western countries.)