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Gate Square New & Returning Creator Rewards are ongoing!
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US tech workers are automating themselves:
The technology sector now reflects ~2.3% of total US employment, the lowest since early 2021.
This percentage peaked around the ChatGPT launch in November 2022 and has fallen over the last 3 years.
Over this period, employment in Computing Infrastructure, Data Processing, Web Hosting, Web Search, and Computer Systems Design Services has shed -91,000 jobs.
This reverses a 20-year uptrend in tech employment.
Meanwhile, software development job postings on Indeed have dropped -71% since the February 2022 peak.
Postings are now -33% below pre-pandemic levels.
Employment in tech is rapidly declining