Are Developers The Driving Force For Innovation In Tech?

Written by dmytro-spilka | Published 2023/01/05
Tech Story Tags: tech | technology | developers | innovation | innovation-in-tech | software-development | development | developer

TLDRTech innovation has become the driving force of our economy, having an immense contribution to economic growth.via the TL;DR App

Tech innovation has become the driving force of our economy. In fact, there are many studies that show how it is the most important contributor to a nation's economic growth. With such a strong focus on technology, companies need developers more than ever before for their teams to thrive. 
Only 32% of employment growth in the US economy since 2000 is attributable to increasing educational attainment, while 48% is due to increases in programming and engineering skills. According to a study by the National Bureau of Economic Research (NBER), individuals with computer science degrees earn approximately 25% more than similar graduates without computer science skills.
(Image Source: Bootcamp)
A large part of this growth is driven by Silicon Valley tech giants as well as many startups. The top tier companies like Apple, Google, Facebook, and Amazon have long had strong technical requirements for employees. However, even smaller companies are finding creative ways to create a culture where technical expertise is valued by hiring developers that can solve problems quickly on the platform they are trying to build.
Don't be discouraged by the fact that some of these opportunities do not have specific job descriptions related to technology. While these companies are looking for employees that have a solid foundation in computer science, skills tend to be more important than degrees. Employers are looking at candidates with a combination of programming languages and project management experience more so than those candidates with a CS degree. 
However, companies also look for leadership qualities in potential employees because it helps them to retain talent and make sure the developers they hire stay with the company long-term. 
Developers in America are highly paid. However, local salaries can vary greatly depending on the area of the country and the size of the company. These high salaries are due to not only hard work, but also an expectation that developers will be able to find a job that pays much more than their current salary once they leave their current position within a large company. When developers leave these large companies for startups or small companies, they have a longer time to adjust when it comes to pay as well as better work-life balance.
(Image Source: The Crazy Programmer)
While there are many benefits to working as a developer, there are also many challenges that they face. The hours can be long and challenging in some cases. The rewards can be high, but the perceived risks of this type of career path can be very high as well. If you're considering entering the developer field, make sure to focus on learning because a lack of understanding can make the job more difficult than it needs to be. 
There are also certain industries that potentially get impacted by technology as well. If a developer does not keep up with the industry, he can be way behind the curve when it comes to skills and time management. When competition in the technology market is so fierce, there is no denying that developers play a very important role. Not only do they need to be able to make the vision of new software come to life, they also need to ensure their practicality for consumers. Some suggested new features, such as personalization features and deep intelligence are important factors that help them set them apart from their competitors, which is why developers play a vital and leading role in innovation in tech.
Many workers have become frustrated with their jobs in recent years primarily because of the lack of opportunities and raises they are receiving. Many employees have chosen to pursue a career in technology as a way to increase their salaries while also having more freedom when it comes to work-life balance. 
While tech jobs do require specific skills and knowledge, if you have been working as an engineer or designer already, then you already have some of the skills that are needed for these types of positions. There is no denying that technology is moving into a wider spectrum thanks to the abilities of AI and AR technology. It's important to consider these factors as today's technology might be a thing of the past as we continue to grow. However, one thing is for sure, and that's developers are the ones paving the way forward.

Written by dmytro-spilka | Dmytro is the founder of Solvid and Pridicto. Featured in Hackernoon, TechRadar and Entreprepreneur.
Published by HackerNoon on 2023/01/05