“The US has added only 32k tech jobs over the last year, lower than at any point in 2021, 2022, or the 9 years preceding the pandemic.”
Data center construction runs at a record $28.6B a year, up 57% in a year. Big tech grew its property, plant and equipment by more than $95B, and imports of chips and computers from Taiwan rose more than 140%. Programmers get none of it. The money goes to TSMC, Nvidia stock options and the grid in Northern Virginia.