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JamesLeonis | 6 days ago
In the post-2000 bubble crash companies rushed to outsource their IT for cheap. From about 2001 to 2004, similar to the AI bubble today, companies [laid off] their current staff and [pushed offshore]. After 2004 on the cracks appeared when the code and services resulted in [poor quality], but companies had to pay again to get fixes from their offshore teams, just like AI agents now. This led to a [reversal] by mid-2000s, but by then the CS and IT graduate pipeline had [collapsed].
> Just four or five years ago, around 220 students were shopping CS 15: "Introduction to Object-Oriented Programming and Computer Science" at the beginning of the year, and this fall, only about 100 students shopped the course. "It's been going down every year for the past four years and this year, I think there are close to 60 students in the course, and I haven't had that few since the '60s," said Professor of Computer Sciences and Vice President for Research Andries van Dam, who teaches CS 15. [brown]
I observed the 2000 Dot-Bomb, the mid-2000s offshoring, and the 2008 financial crisis all left a major crater in the CS profession, leading to the furious competition for talent in the 2010s.
[laid off]: https://www.edn.com/half-a-million-high-tech-jobs-lost-in-20...
[pushed offshore]:
- https://www.upi.com/Archives/2002/12/20/FeatureIndia-changes...
- https://www.electronicsweekly.com/news/archived/resources-ar...
- https://www.infoworld.com/article/2230583/outsourcing-megade...
[poor quality]: https://cmr.berkeley.edu/2002/02/44-2-the-winners-curse-in-i...
[reversal]: https://www.cio.com/article/252676/outsourcing-outsourcing-a...
[collapsed]:
- https://www.networkcomputing.com/networking-salaries/outsour...
- https://www.csmonitor.com/2002/1226/p02s01-usec.html
- https://www.zdnet.com/article/computer-science-enrollment-do...
- https://www.seattlepi.com/business/article/gates-computer-sc...
[brown]: https://www.browndailyherald.com/article/2004/10/cs-classes-...
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