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Tech’s big anxiety: fewer jobs, lower pay, more AI
Managers are falling down the corporate ladder, which increases competition and lowers salaries. Meanwhile, the "Mag 7" are cutting jobs.
Meanwhile, artificial intelligence is transforming the job market, driving employers large and small to reconsider which technical tasks require a human to perform them and forcing workers to look for opportunities beyond tech. According to labor analytics firm Lightcast, the number of unique job postings for software developers in San Francisco remains higher than it was in the early days of the pandemic, meaning workers are not short of prospects. If the industry is so bent on rejecting managers, it’s time for them to get back in “founder mode,” said Lexi Lewtan, CEO at Leopard.FYI, a professional network for women and nonbinary software engineers.
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