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Repricing of Software Engineering Labor

11 hours ago
  • #career-advice
  • #software-engineering-trends
  • #AI-impact
  • The author reflects on the software engineering industry's evolution from the late 2010s to the present, highlighting a shift driven by cheap money and the rise of LLMs.
  • In the late 2010s, startups with abundant funding prioritized hiring generalist software engineers to maximize feature throughput, favoring breadth over depth in skills.
  • LLMs have compressed implementation costs, making standardized tasks like CRUD apps and API integration less valuable and reducing demand for implementation-heavy roles.
  • The market is repricing software engineering, with a decline in value for generalists focused on implementation and a rise in demand for deep expertise in areas like correctness, latency, and operational complexity.
  • Expertise gained through experience in debugging distributed failures, running mission-critical systems, and making architectural trade-offs is becoming more valuable than mere coding skills.
  • While AI tools enable PMs and domain experts to build prototypes, production systems still require engineers with skills in reliability, scale, security, and performance.
  • The author concludes that the highest returns in software engineering now come from deep specialization in one hard area rather than broad, generalist knowledge.