You made some good points.
IT career booming was highly associated with so called "technology revolution". As more and more start-up companies appeared in the market in the late 1990's, a great number of jobs were created. Now the market is adjusting itself, so is the IT jobs market.
Is IT industry coming back? I would say yes, but they would be rather rational in the future. So, for those who have no IT training but intended to throw themselves into that career path, you might think twice about "stick to your gun", which is not a fallacy.
IT career booming was highly associated with so called "technology revolution". As more and more start-up companies appeared in the market in the late 1990's, a great number of jobs were created. Now the market is adjusting itself, so is the IT jobs market.
Is IT industry coming back? I would say yes, but they would be rather rational in the future. So, for those who have no IT training but intended to throw themselves into that career path, you might think twice about "stick to your gun", which is not a fallacy.