Wow. In this thread, I am seeing a lot of people severely overestimating the percentage that FAANG employees comprise of the total market. Just as the Bay Area

Wow. In this thread, I am seeing a lot of people severely overestimating the percentage that FAANG employees comprise of the total market. Just as the Bay Area and New York have real estate markets that are outliers of the rest of the country, so are the salaries outliers for the rest of our industry. The report covers the industry as a whole, and demand for developers is growing just about everywhere. The questions the report raises can't be answered solely through the lens of Silicon Valley. There is a lot of evidence that wages aren't rising across the entire economy, even with a tight labor market. I don't know of anyone that has proposed a solid economic theory for why that is, but it looks like our industry is only part of a larger trend.