> The fact that snap's web3 team being cut is one of the listed examples is pretty comical IMHO.
We're seeing a huge influx of applicants who are coming from failed web3/blockchain projects. It was very much a gold rush that attracted a lot of people looking to strike it rich. Now that the momentum has disappeared, the employees of those projects are all running for safety.
The interesting question to be answered now is if "web3" skills are an effective substitute good (in the pure economic sense) for employers looking for developers.
I suspect a lot of pure web3 devs won't actually make a more competitive market beyond incentivizing yet another fizzbuzz-like hoop in the interviewing process to weed out people who learned about blockchain tech and otherwise can't code themselves out of a wet paper bag.
On second thought... I should acknowledge my elitism in that last sentence and maybe be more cautious. Good grief, I got my last 4 years of professional experience working on IoT, which I bet was looked down upon in a similar manner by others when it started.
Maybe the takeaway is that we should all to the best of our abilities keep at least a casual hand in the water of tech so we have a general idea of the current.
We're seeing a huge influx of applicants who are coming from failed web3/blockchain projects. It was very much a gold rush that attracted a lot of people looking to strike it rich. Now that the momentum has disappeared, the employees of those projects are all running for safety.