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'The big danger is "owning" some domain that falls out of fashion' That is part of the reason for the high pay. There is always risk associated with specializa
by fspeech 9y ago
'The big danger is "owning" some domain that falls out of fashion'
That is part of the reason for the high pay. There is always risk associated with specialization. You can't become an expert without specializing in something, but if you specialize in the wrong thing your effort may not be rewarded.
- mgkimsal 9y ago> There is always risk associated with specialization That might be the reason people demand higher pay, but it wouldn't be the reason why companies pay the higher pay. They pay it because there's a scarcity of people, and/or because they get some multipled value back. No company cares if I've specialized in the 'wrong thing' - they just won't hire me.
- DataWorker 9y agoThat’s an important “or”. It’s not always scarcity, it’s often the perceived value. CEOs are just one of many examples where the pay is not at all because of scarcity.