> problems tend to get less complicated over time as they get more automated/well known. Easier to solve == cheaper to hire for. To the extent that better tool

> problems tend to get less complicated over time as they get more automated/well known. Easier to solve == cheaper to hire for. To the extent that better tools and more capable junior developers are complements to senior developers, problems getting easier to solve should mean higher compensation at the high end: https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/ https://www.joelonsoftware.com/2002/06/12/strategy-letter-v/ The number of Internet users is only increasing, so the value of being the winner in winner-take-all markets keeps going up. And especially as the amount of money you need to raise goes down, that means more of the pie going to labor and less to capital.