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honestly the "start your own business" trope is irresponsibly bad advice: - people seeking jobs often dont have disposable income especially those fresh out of
by pajeets 2y ago
honestly the "start your own business" trope is irresponsibly bad advice:
- people seeking jobs often dont have disposable income especially those fresh out of school or minimal YOE
- tremendous time and energy for a low probability outcome
- many do not have the aptitude for running a business which require a high degree of planning and execution, soft skills
I know this is a startup focused website so its natural to suggest go out and build an app or raise money but the selection/survival bias is often not considered.
The vast majority of people will either need to switch careers or industries altogether. The fact is LLM code generation has eaten those junior/intermediate roles and soon the same will happen to senior developers as well.
What we are seeing is the same thing blue collar jobs experienced in the 90s where their jobs were outsourced/automated to labour markets in authoritarian countries except this time its outsourcing to a small group of corporations.
- colesantiago 2y agoI wouldn't say starting your own business is bad advice, I think it's a great idea as those who do it gain experience running a business, risk, capital allocation, etc. Sure AI is coming for some jobs, but I would say it is ideal to start young, make mistakes quickly, learn adapt etc, rather than don't do a business, start a family and you cannot take any risks, after all I am talking about highly ambitious and smart juniors so it is a path they can take if they want to.