As one of the people highlighted, cuz I wrote the third story mentioned, I'll give a little rebuttal.
I still have the same job I did when I wrote that story. As a matter of fact, I'm sitting at the same desk and computer as when I wrote it. We're venture capital funded, but we have a product. We have a business model, and we have suits running the financial show. Thus, we're suceeding.
I still have a GED, no college. I'm still considering college, but haven't made a commitment for I fear the inevitable post-college stupidity. I also fear the seemingly inevitable onset of intellectual arrogance.
From speaking with the people around here who do the hiring, what they really fear are not college dropouts with experience. They fear college grads without it, and college dropouts without it. They fear people with short resumes and long resumes, instead of "middle length" resumes that contain useful information. Short resumes mean no experience, no education or no skills. Long ones mean lots of jobs.
Ultimately, the tech industry is going to weed out those who don't belong in it. This happens in every boom-gone-bust industry. People who don't have the skills get canned. People who don't have the desire get bored, or get arrogant and quit. In my mind this is a good thing, and quite possibly the only thing that'll save the "industry".
If I wanted a new job in the IT world, it wouldn't be that hard to get. I could climb another step into a full system administrator role, because I have some experience. I've picked up some skills, and can sell myself. Sure, the market for job applicants isn't as hot as it was a year ago. Crying about that is ridiculous, because the market a year ago was ridiculous.
If anything the past three years proved beyond the shadow of a doubt that capitalism works. The market got insane, and it auto-corrected. Of course everyone who understands capitalism seems to have forgotten how it works and is bemoaning this as unforseen, unexpected and disastrous, when it's nothing of the sort. Of course the people moaning the loudest lost the most, that's always the way it works.
Maybe now people will stop taking jobs because they believe in the technology and instead take them because they believe in the company, the product, or the business model.
"Its like someone opened my mouth and stuck a fistful of herbs in it." - Tamio Kageyama, Iron Chef 'Battle Eggplant'
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