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When it comes to data-driven stats, that assessment is too "subjective" and is nearly unquantifiable, nor trackable in a meaningful way because it is not unlike saying "electricity powers everything" (as a utility).

The Tech Sector has multiple components - "hardware", "software", "support services", and each of these requires specially-trained subject-matter dependent, employees. But because tech is never "static", the types and numbers of employees needed will fluctuate in "waves", and that is obviously an issue. E.g., "Oracle DBAs" used to be "a thing".



There is a difference between "implementation" and "designing, testing, manufacturing (re: hardware), and releasing". The "implementation" part is done by the consumers (whether businesses or individuals) who buy the product or service.



It seems to have "burst" for Meta. Ask Zuckerberg! This whole "AI" thing is like a rebranding of already-existing tech (but obviously updated) like Siri or Alexa or even this guy -



It's almost meaningless hype, which is why it bubbled.



It always HAS been that way in this country - particularly for certain fields. When I came out of college, it was in the Raygun recession - and with a degree in chemistry. Going from pharma company to pharma company (in an area where "big pharma" was king, including GSK, McNeil, Rohm & Haas, Warner-Lambert, etc). I took a job subbing for the Philly school district for almost a year before finally getting a job with the federal government with pay about 20% less than the mean starting salary for a chemist just out of school in the area, but at least it was a job. The next "youngest" person in my lab/office at the time was 15 years older than me.

In general, without more apprenticeships and internships that will lead to an offer, the idiotic process out of college for an applicant, where companies demand "experience" (but where no one can get "experience" unless someone hires them), continues.



Welcome to America. It's not new.

What needs to be done, which is some of what the Biden Administration IS actually doing, is to address that need to supplement academic training with apprenticeships, which can provide much-needed "experience" demanded by employers (below published July 11, 2024) -



As a note, I grew up with "tech" because my dad was a Computer Programmer (COBOL) for the federal government for 20 years before he passed away 50 years ago this year. He had done it since the mid-'50s and would take me and my sisters to his office every once in awhile, where at the time, almost the entire first floor of his building housed a mainframe, in a special air-conditioned room on raised floors, and included mag tape machines, giant punch card readers, and keypunch machines, etc.