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Is Software Engineering A Good Career?

Shane Hummus2022-03-23
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106K views|2 years ago
💫 Short Summary

The video discusses the opportunities and paths in software engineering, emphasizing job growth, satisfaction, and salary. It compares software engineering to healthcare careers in terms of meaning and job satisfaction. Salaries vary based on factors like experience and location. The importance of staying relevant in a changing environment, options for career advancement, and potential challenges like ageism are highlighted. Overall, software engineering offers high pay, job satisfaction, and opportunities for growth and entrepreneurship in a constantly evolving industry. Passion and research are crucial before pursuing a career in technology.

✨ Highlights
📊 Transcript
Career opportunities in software engineering.
Responsibilities include designing, developing, and testing computer software.
Distinctions between software engineers, developers, and related roles are outlined.
Analogy of building a house is used to explain the difference between a software engineer and a software developer.
Importance of considering job satisfaction, growth, and salary when choosing a software engineering career is emphasized.
Two paths to becoming a software engineer: traditional college degree vs. alternative self-teaching, certifications, or boot camps.
Traditional path similar to a well-paved road with established stops, while alternative path likened to a dangerous jungle shortcut with risks but potentially quicker results.
Emphasis on personal preference in choosing the path.
Argument for college degree being statistically advantageous is presented.
Job growth in software engineering is expected to be much faster than average at 22% with 1.8 million jobs in the US.
Emerging sub careers like blockchain development offer increased job opportunities.
Job satisfaction for software engineers is rated highly, especially at top companies like Google.
FANG companies (Facebook, Apple, Amazon, Netflix, Google) are known for providing exceptional job satisfaction.
The technology industry overall provides numerous opportunities for career growth and advancement.
Comparison between job satisfaction and meaning in software engineering and healthcare related jobs.
Software engineers have high job satisfaction but lower meaning score compared to healthcare professionals.
Healthcare professionals have lower job satisfaction but higher meaning score compared to software engineers.
It is important to research and enjoy a job rather than focus solely on salary.
Software engineering is a well-paid career, with average salaries ranging from $85,000 to $110,000 per year.
Factors affecting software engineer salaries include title, specialty, experience, and location.
An L4 software engineer at Google with 3 years of experience in Seattle can earn around $234,000, while an L5 in San Francisco with 20 years of experience can make $639,000.
Software engineering jobs have a low probability of being automated due to unique skills required.
Outsourcing work to talented programmers in other countries has increased during the pandemic, raising concerns about language barriers and cultural understanding in remote work environments.
The importance of technology skills, specifically in coding and software engineering, in today's job market.
Technology skills offer flexibility, high demand, and opportunities for remote work, career advancement, and entrepreneurship.
The constantly evolving nature of the tech industry allows for easy role switching.
Ageism is a significant downside, with older individuals facing challenges in job retention due to age-related biases.
Paths for software engineers in a changing environment.
Specialize, move into leadership, or retire early with financial independence.
FIRE movement popular among tech workers, offering high pay, opportunities, and flexibility.
Ageism and need for rapid adaptation present challenges in tech careers.
Research and passion are crucial before pursuing a career in technology.