Tuesday, August 1, 2023

Market Technical Analyst and Computer Whiz Tim Knight Offers Some Career Advice For Young Folk

From his Slope of Hope website, July 31:

The Ascendant Blue Collar

To those in America in their late teens or early 20s. To those graduating high school. To those in college. To those considering a career. I have one simple, plain thing to say………….

Learn to be a plumber. Or an electrician. Or a carpenter. Learn a trade. Dial the clock back to the 1950s when being a tradesman of some kind was an honorable, solidly middle-class professional with which you could support a family. You could be proud at the end of the day of what you did and whom you helped.

Why would I say such a thing? Why would I, who has made his living with computers since the age of 14, suggest the equivalent of going to trade school and becoming an apprentice? Maybe it’s the contrarian in me. But it’s also because I believe it.

My view is that the millions of kids getting Computer Science degrees in colleges are, except for the top 1% of them, absolute suckers. They are going to find themselves virtually indistinguishable from the zillions of other CS engineers, and they’re going to be in jobs doing work that they find neither inspiring nor rewarding.

Worse yet, they’re going to get squeezed out of work by two forces:

  1. The natural law that, once you’re age 30, you’re already a relic in the CS biz, and
  2. Artificial intelligence

There has been a confluence of notions in recent decades that have convinced kids (and/or their parents) that computers are the way to go. Between the legends of Steve Jobs, Mark Zuckerberg, Elon Musk, and the Google Guys, everyone thinks they’re going to be the next………….whomever. They’re wrong, though. That isn’t going to happen. I say again, unless you are in the highest echelon, you are in for disappointment....