Remember that in other fields like medicine, finance, academia, and law, getting in involves 5+ years of hoop jumping and commitment signaling that have nothing to do with the final job.
We are blessed.
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With software you never have to stop proving yourself, and your skillset is always a few years away from being outdated. A doctor with 20 years of experience would be welcomed anywhere, but an engineer with 20 years experience is viewed with trepidation. The next "big thing" could roll out at anytime and suddenly crypto engineers are getting 800k job offers so everyone furiously tries to learn crypto stuff. A few years later that all dries up and now you have 100k engineers who are out of work and learned tech that no one cares about anymore. All the LLM engineers might be in the same position next year.
Of course. They paid an enormous cost and beat other competitors for that privilege which is carefully guarded by regulation and certification boards.
No doubt software has more instability, but the trade off is that you don’t have to do that multi year grind. Easier fire, easier hire. Similar pay.
> skillset is always a few years away from being outdated.
I strongly disagree with this. In your example you use “crypto” and “llm”. If this is your skill set you are fad chasing and needlessly increasing your exposure to changing markets.
Engineers solve problems by applying math and science expertise. This is a timeless skill.