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I view it more as a gold rush. Creating the future has never been more accessible and companies are in a terrible rush to find their 'plot' and start finding nu

I view it more as a gold rush. Creating the future has never been more accessible and companies are in a terrible rush to find their 'plot' and start finding nuggets. Software engineers are the people who can do the work and so demand go up. The returns (value) these ventures produce warrant continued competition in winning decent talent and the price gets pegged in some range for some region in some category / industry.

typetehcodez 8y ago
To further add to your point: developers now have control over the means to production and, unlike the industrial revolution, we programmers do not need access to capital and expensive manufacturing equipment to build a product. We just need some technical skills that are essentially free to learn. And as the best of us figure out how to add the entrepreneurial talent stack into our own, existing corporations have to pay us as consultants or continue to increase pay to keep that talent. In time, I think we will see it is the corporate structure that is in a bubble. (See "Developer Hegemony" by Erik Dietrich)