Is The Software Industry Dead?
A reader writes:" Ok. So I'm about to graduate and then I come across this story:
Do Software Firms Have Bright Future?
None other than Larry Ellison of Oracle thinks that the best is behind us and that software is a dead industry. What does the rest of slashdot think? Will that shiney new degree be worthless? " I think it's safe to say that it's not dead - but that the times it once had aren't going to return; e.g. tulip blubs sell well, but not like they used to.
Good idea or not, it isn't happening (and didn't happen years ago when he was pushing it). Ellison is not exactly a visionary.
As a veteran of IT I was there when you had to have real skill to get involved. Also, being around during the boom I saw that attitude change and companies take on inexperienced employees because it was sooo hard to find employees in general. I worked on Bank of America's network security team and it was pretty much a training camp for unqualified employees. By the time they had some skills they realized that they could make more $ elsewhere so it was a never ending cycle
Pretty ironic that someone working for a bank finds s/he can make more $$$ elsewhere.
Know your pads. One time pad: good for cryptography. Two timing pad: where to take your mistress.