Refusal of outsourcing development

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4. Blockchain development skills become irrelevant
Back in January 2023, blockchain development skills were reported to be in high demand. However, since then, the blockchain ecosystem appears to have completely collapsed. In 2024, there will be less and less reason to believe that knowing how to build blockchain applications will help you find a job.

Will there be a niche need for blockchain developers? Absolutely. But I wouldn’t bet on blockchain being the hottest area to develop in. Try AI instead — though I’m skeptical that coders with specialized AI skills will be in high demand in the long term.

The idea of ​​replacing in-house development teams south korea mobile database third-party coders has long been attractive from a business perspective. Outsourced development is typically cheaper (largely because outsourced developers are often also offshore developers with relatively low salaries), and it is theoretically more flexible.

However, I think many companies that have experimented with outsourcing realize that it doesn't always save money (because they have to pay for the overhead of outsourced developers), it isn't always more flexible (because outsourced teams may not be as versatile in what they can do and what technologies they can work with as in-house developers), and it can bring new risks, such as lower-quality software security practices.

I don't have hard data to prove this, but I think there's good reason to believe that 2024 will be the year that outsourcing software development loses its advantage for many companies.