TAKE THE RISK AND JOIN THE BILLIONAIRES: SEE WHY SO MANY PEOPLE ARE RUNNING AWAY FROM TECH PROFESSION.

By AGUWA IHEARIOCHI AMBROSE (NWASIR AGUWA)

 


Take the Risk and Join the Billionaires: Why So Many People Are Running Away from Tech Profession

Introduction: The Paradox of Tech Wealth

The 21st century is often called the “age of technology.” From Silicon Valley to Shenzhen, tech innovation has minted billionaires at a pace never seen before in history. Elon Musk, Jeff Bezos, Mark Zuckerberg, and a host of others are household names not because they inherited wealth, but because they leveraged technology to build empires.

Yet, there is a strange paradox. Even with the tech industry producing some of the richest people alive, millions of people are quietly running away from the tech profession. Despite lucrative salaries, high demand for skills, and global opportunities, many are abandoning computer science, software engineering, and other tech career paths. Why?

This blog dives deep into the psychology, economics, culture, and social pressures behind this phenomenon while also making the case for why taking the risk and staying in tech may be the gateway to joining the billionaire class.

Section 1: The Billionaire Factory – How Tech Created the New Aristocracy

Before we examine why people are running away, let’s understand why tech is so powerful in wealth creation.

1.1 The Rise of Tech Giants

  • Amazon started as an online bookstore, now valued at over $1 trillion.

  • Facebook (Meta) began in a dorm room, today connecting over 3 billion people.

  • Google (Alphabet) transformed how humans access information and now dominates AI research.

These companies didn’t just create products—they created platforms that redefined human behavior.

1.2 Why Tech Breeds Billionaires Faster than Other Professions

  • Scalability: One line of code can serve millions at near-zero marginal cost.

  • Global Reach: Digital products cross borders instantly.

  • Network Effects: The more people use your platform, the more valuable it becomes.

  • Investor Confidence: Venture capital pours into promising startups, accelerating growth.

If wealth is about leverage, tech provides the ultimate leverage.

Section 2: The Golden Promise of the Tech Profession

With such billionaire stories, it’s natural that millions flocked to tech in the 2000s and 2010s.

2.1 The Salary Magnet

  • Entry-level software engineers in the US can earn $100,000+ annually.

  • Remote work allows engineers in developing countries to earn life-changing paychecks.

  • Data scientists, AI specialists, and cybersecurity experts command premium salaries.

2.2 Prestige and Opportunity

In many countries, a degree in computer science was considered a ticket out of poverty. Tech jobs were seen as more secure and future-proof than traditional careers in banking, law, or medicine.

2.3 The Startup Dream

Every programmer dreams of building the next unicorn startup—a billion-dollar company. The “garage-to-global” myth inspired countless young people to pursue coding bootcamps, hackathons, and entrepreneurial ventures.

So, with all these advantages, why are people running away now?

Section 3: The Harsh Reality – Why People Quit the Tech Race

The glittering façade of tech hides uncomfortable truths. Let’s peel back the layers.

3.1 The Mental Burnout Crisis

  • Long hours: Engineers often work 60–80 hours a week.

  • Constant learning: Tech evolves rapidly; a skill today may be obsolete in 3 years.

  • Pressure to perform: In startups, failure rates exceed 90%.

Burnout is so severe that terms like “tech fatigue” and “quiet quitting” have become mainstream.

3.2 Job Insecurity and Layoffs

Despite high salaries, tech is volatile.

  • In 2022–2023, over 400,000 tech workers were laid off globally.

  • Even Google, Amazon, and Meta—once seen as dream employers—downsized massively.

  • Unlike medicine or law, there are no guarantees of stable employment.

This makes many re-evaluate whether the risk is worth it.

3.3 The Myth of Easy Billionaire Success

For every Elon Musk, there are millions who tried and failed.

  • 90% of startups fail within the first five years.

  • Of the 10% that survive, only 1% ever become unicorns.

  • Many developers realize that being an employee rarely leads to billionaire wealth.

Thus, disillusionment sets in.

3.4 Cultural and Parental Pressure

In Africa, Asia, and parts of Europe, families often pressure children into “respectable professions” like medicine, law, or government service. Tech is sometimes seen as unstable or unserious. Many students switch out of computer science midway to satisfy family expectations.

3.5 Outsourcing and AI Disruption

  • Companies now outsource coding jobs to lower-cost countries.

  • AI tools like ChatGPT and GitHub Copilot automate parts of programming.

  • Some fear the profession may shrink drastically, leaving them jobless.

This makes people skeptical about dedicating decades to a tech career.

Section 4: Psychological Barriers – Why People Fear Tech

Even beyond economics, psychology plays a huge role.

4.1 Fear of Complexity

Many believe coding is too difficult—a world of strange symbols, math, and endless debugging. This intimidation drives away potential talent.

4.2 Imposter Syndrome

Tech is notorious for imposter syndrome. Even skilled developers often feel they aren’t good enough, especially when surrounded by “genius” colleagues.

4.3 The Comfort Zone Trap

Becoming a billionaire requires risk-taking. But most people prefer security—a stable paycheck, a predictable lifestyle—over uncertainty.

Thus, they abandon tech dreams for safer careers.

Section 5: Why You Should Still Take the Risk

Now comes the heart of this blog: why you should resist the urge to run away and instead take the leap.

5.1 The Biggest Opportunities Are Still Ahead

  • AI Revolution: AI is projected to add $15 trillion to the global economy by 2030.

  • Blockchain & Web3: Though volatile, blockchain could reshape finance, ownership, and governance.

  • Green Tech: Climate change solutions will be trillion-dollar industries.

  • Biotech & Health Tech: Merging biology and computing could create the next wave of billionaires.

If history repeats itself, the world’s next billionaires will almost certainly come from technology-driven ventures.

5.2 Risk and Reward Are Inseparable

No billionaire ever became rich by playing it safe.

  • Musk risked bankruptcy multiple times.

  • Bezos left a secure Wall Street job to sell books online.

  • Jack Ma was rejected from 30 jobs before founding Alibaba.

Running away from tech because it’s risky is like refusing to plant seeds because farming is hard. Risk is the entry ticket to wealth.

5.3 The “Early Days” Illusion

Many say, “It’s too late to get into tech.” But that’s false.

  • The internet in 2000 was tiny compared to today, yet opportunities multiplied.

  • AI today is in its “early internet” phase. Entering now is like buying Bitcoin at $1.

  • Entire industries—education, healthcare, transportation—are still waiting for disruption.

The real question isn’t whether tech is late, but whether you are ready to ride the next wave.

Section 6: How to Take the Risk and Thrive in Tech

If you decide not to run away, how do you prepare?

6.1 Develop a Risk Mindset

  • Stop seeing failure as fatal; see it as a tuition fee for success.

  • Understand that security is an illusion. Even “safe jobs” are being automated.

  • Build resilience through continuous learning.

6.2 Acquire Rare Skills

Not all tech skills are equal. Focus on high-leverage areas:

  • Artificial Intelligence & Machine Learning

  • Cybersecurity

  • Data Science & Cloud Computing

  • Blockchain Development

  • Product Management

These fields will stay relevant even in an AI-driven future.

6.3 Build and Own

Employees rarely become billionaires. Owners do.

  • Launch side projects.

  • Experiment with startups.

  • Focus on solving real human problems, not just writing code.

6.4 Leverage Global Platforms

The beauty of tech is borderless opportunity.

  • A Nigerian developer can sell apps to an American market.

  • An Indian AI researcher can publish solutions used by European firms.

  • Remote-first companies mean geography no longer limits income.

6.5 Join Tech Communities

Isolation kills motivation. Join groups—online forums, hackathons, incubators—where collaboration sparks innovation.

Section 7: Stories of People Who Took the Risk

7.1 Elon Musk

Immigrant, slept in his office, nearly bankrupt—but now the richest man alive.

7.2 Jan Koum (WhatsApp)

Grew up poor in Ukraine, once swept floors at a grocery store. Sold WhatsApp to Facebook for $19 billion.

7.3 Iyinoluwa Aboyeji (Flutterwave, Andela)

Young Nigerian who co-founded two billion-dollar companies by age 30.

These stories prove that risk-takers write history.

Section 8: Why Running Away Is More Dangerous

Ironically, those fleeing tech may be running into a future of obsolescence.

  • Jobs in retail, banking, even law are being automated.

  • Digital illiteracy will soon be as crippling as illiteracy itself.

  • By avoiding tech, people may lock themselves into low-paying, unstable work.

In other words, not taking the tech risk may be the bigger risk.

Conclusion: Take the Leap or Be Left Behind

The exodus from tech professions is understandable—burnout, layoffs, pressure, and fear are real. But history shows that every great fortune favors those who dared.

The billionaires of tomorrow will not come from playing safe—they will come from those who took the risk to innovate, disrupt, and endure.

So if you are standing at the crossroads, wondering whether to run away from tech or to lean in—remember this:

The people running away will be consumers. The people who stay will be creators.

And creators, not consumers, join the billionaire club.

I am Aguwa Iheariochi Ambrose known generally as NWASIR, a self-taught web developer and programmer, a content creator, a freelancer, a blogger and an affiliate marketer. A native of Umule Ovungwu in Isialangwa south L.G.A of Abia state, Nigeria. Coding, building of websites and blogging are my hobby and I derive joy doing them

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