> How do you prove that software development is a bubble?
By looking at the software development market. How else would you do it? Salaries rose sharply from 2020-2023, but then plateaued and are now starting to decline. Slowly, however. It did not crash. It ticks the boxes: Rapid price appreciation, speculation, a disconnect from fundamentals, widespread media attention, and an eventual correction.
> Stock prices are at all time high and continuously growing.
If we're sharing random facts: Global average temperature is also at an all time high and continuously increasing.
alt Hacker News
> How do you prove that software development is a bubble?
By looking at the software development market. How else would you do it? Salaries rose sharply from 2020-2023, but then plateaued and are now starting to decline. Slowly, however. It did not crash. It ticks the boxes: Rapid price appreciation, speculation, a disconnect from fundamentals, widespread media attention, and an eventual correction.
> Stock prices are at all time high and continuously growing.
If we're sharing random facts: Global average temperature is also at an all time high and continuously increasing.