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This article really goes off the rails, so I'll just respond to the original point described in the first paragraph. To the question: are coders worth it? The
by 40acres 8y ago
This article really goes off the rails, so I'll just respond to the original point described in the first paragraph.
To the question: are coders worth it? The answer in my opinion is yes. Software engineering in general is a type of labor that is conducive to generating large profits.
Building robust software systems has large fixed cost, but once the system is out in the wild it has close to zero marginal cost. The cost of distributing one more app through the app store is pretty low (give or take App store fees). A share of the "profits" will go to the developers, and such developers are highly paid relative to other professions.
If you want to do good with your money: spend it. A high level overview by Ray Dialo really helped me understand the boom/bust cycle and how money flows through the economy [0]. Look at China, for years the economy was growing at almost 10% -- driven by the consumption of the new middle class. Now growth is slowing to about 6% and everyone is freaking out, this is because due to higher personal debts China is reducing it's spending. Your spending is someone else income, and a certain % of income is paid out to workers which results in higher wages.
I'd say smart (saving, investing) and "ethical" (to your personal beliefs) consumption, along w/ charity, is the best way to morally utilize your wealth. Support the arts by going to a show, support teachers by raising funds for school supplies, renovate your home, support a farmers market. Wealth intrinsically is neutral. It's all up to you.
0: https://www.youtube.com/watch?v=PHe0bXAIuk0 https://www.youtube.com/watch?v=PHe0bXAIuk0