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I feel that right in my soul. The other side of the coin is they are currently destroying the talent pipeline by keeping smart motivated people out of roles where they could learn fast and grow. The myopic strategy(or lack thereof) is astonishing to me.
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You are delusional. I remember when I was starting (over 10 years ago), I worked with a guy who had a PhD in physics. We were doing WordPress stuff and I was getting paid higher than him (to add insult to injury I was based in a cheap third-world country and he was UK based). Since I've interacted with him a bit, I got to discover that he was very smart, mathematically inclined and did actually write correct English.

There is still no demand for physics. There is a world where we are heading for another bull market in tech but there is a also a world where this slump remains here forever. My guess is on the latter. The talent in the global south has considerably caught up in the last 15-20 years in terms of skills, language and numbers.

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I would guess that of every 10 dollars spent in tech nowadays, 9 go to big tech, really Google, Meta, Apple, Microsoft. We won't have another tech boom anytime soon, unless they start buying companies like crazy again
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