>And thus, over long periods of time and disregarding practical realities, compensation approaches the point at which compensation = value created Compensation

>And thus, over long periods of time and disregarding practical realities, compensation approaches the point at which compensation = value created Compensation is determined by supply and demand, not value created. It doesn't matter if every developer becomes 20% better at their jobs if the market is, at the same time, flooded with new developers. Wages will go down. Value created (where measurable), puts a ceiling on compensation, not a floor.