4 ms·
Well, I guess, this may be good. If a lot of dollars seek few resources, and resources pool does not increase much, you get unbounded price increase. Which is
by hamilyon2 8y ago
Well, I guess, this may be good. If a lot of dollars seek few resources, and resources pool does not increase much, you get unbounded price increase.
Which is not good. Developer have to do something productive for economy. Their wages should be bound to value they produce. If they are consistently paid more then they are producing, whole sector is heading into collapse.
In healthy job market, job ads are going to attract employee with salary based on value that employee is going to produce. Failure to attract her does not mean someone is irrational or wages are low. It just means there is a lot of low-value work for developers in this world. Someone will notice that and maybe innovate those jobs away or something.
- bluGill 8y agoReplace Developer with maid in your post and read it again. I don't have a maid, instead I clean my own house, and drive my own car. My understanding is in India people with half my income would have maids to do those tasks. However in my country the value a maid produces isn't as much as their value and so I don't pay one. I know what a maid would cost (some advertise in my local newspaper), and they are not worth it. Same with developers. If the wages go too high some things we could automate will no longer be automated.