The factors I can see affecting the IT trade are:GD wrote:I doubt that IT will disappear in the near future. Just less demand. Less demand for turnover of new PC's, less demand for the latest + greatest networking hardware... Overall less demand for IT personnell (sorry is that Human Resource or Livestock or something?). Open source is the way forward with software (man I love open source!).isenhand wrote:Why do ppl think IT would become dead as we go down the down slope? I could be a boom industry as companies encourage teleworking to cut down of ppls fuel costs. More computer and new software would be required, thus more jobs.
I guess, following the bust 6 yrs ago, it has put a bearish mindset on people in the industry.
1/ Telecommuting: both a blessing and a curse. Blessing - I can work for any company in the world. I am now in competition with people who are willing to work for a tenth of what I am
2/ Downward drag of PO: cost of raw materials for manufacture of PCs as well as energy to run them. Certain sectors will probably survive (although it is a matter of debate which ones!), but I can see an awfully big drop off...
3/ Importance of communications: to balance this, if travel becomes very costly, the internet and web applications may become yet more essential to link distant entities.
I guess it all depends on how hard and fast the crash comes...