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The great displacement is already well underway?

(shawnfromportland.substack.com)
512 points JSLegendDev | 1 comments | 12 May 25 14:32 UTC | HN request time: 0.198s | source
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YeGoblynQueenne ◴[12 May 25 21:02 UTC] No.43967428[source]▶
I don't think the author's troubles have anything to do with AI, other than making it harder to get an interview. He seems to get a few of those. I think the real problem he has is... well, the meaning of life, i.e. 42.

He's a 42 year old dude. Looking for a job in software? You gotta be joking. He says he can't clear the 25-year old Steve-Jobs complex SV bro mini-boss. Well, duh.

That's the industry. It sucks you up and it spits you out. It vampires the best years of your life and then you're on your own.

Sorry that the author had to find out, but I think I've seen that coming from the day I was first employed as a junior engineer. I just averaged up the ages of my colleagues and it was blindingly obvious how things turn out in the long run.

Nor "AI" as in "Artificial Intelligence", but "AI" as in "Ageist Industry".

P.S. Look on the bright side: at least you're not a 42 year old woman looking for software jobs. Hah.

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goldchainposse ◴[12 May 25 22:04 UTC] No.43967888[source]▶
Some quotes stood out to me

> ...in fact I own three houses

> ...I left behind everything and everyone i know and love on the west coast to come to New York specifically for this opportunity of helping care for my family and growing long term equity with real estate

> With my full time engineering job bringing in around $150k, a salary that I clawed my way slowly and steadily for 20 years, I could just about manage covering all the expenses, maintenance, and planned improvements for the long-term vision of the properties, maintain my 16-year-old daily driver car, and maybe even have four or five thousand dollars left over each year to take one little camping trip and make a couple stock and crypto investments.

Rather than building a career as a software engineer, he spent most of his time as a small-time real estate and crypto(!) investor subsidized by his software engineering side hustle.

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panzagl ◴[13 May 25 20:03 UTC] No.43977074[source]▶
And somehow thinks upstate NY is a better real estate investment market than California.
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shawnfrompdx ◴[13 May 25 22:07 UTC] No.43978301[source]▶
I was just trying to become a homeowner. my first house in new york was about 1/4th to 1/5th the cost of a "starter home" anywhere in california. I was never going to be able to afford that
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1. occamsrazorwit ◴[15 May 25 23:07 UTC] No.44000263[source]▶
I don't want to sound like I'm victim-blaming here, but the reality is there's no free lunch. Investments are not risk-free, and, as you've discovered, there's a reason you got these properties at such a low cost. It seems like your real estate situation can't go on like this forever, right?

> selling my properties would be a ruinous move letting go of my most valuable assets that are the only toe hold I have in this economy, and may threaten my ability to become a homeowner potentially ever again, depending on how this economic future plays out.

Despite these negatives, it's possible that selling is the financially-smart thing to do. Keeping your properties may also be a ruinous move that could cost your ability to become a homeowner ever again. It's unfortunate, but it sounds like you need to choose whichever is the lesser of two evils and stick with it.

> If i was bestowed some gift of capital, I could complete the renovations and make the house income-producing.

As an alternative, if this is actually true, then you'd be the perfect candidate for a loan against your house. People commonly get emotional around housing and debt, but there's no room for that when you're struggling to survive.