On the other hand, other tech-hubs than Silicon Valley have the same talent shortage. Even outside the US, the picture is always the same, except for maybe deve

On the other hand, other tech-hubs than Silicon Valley have the same talent shortage. Even outside the US, the picture is always the same, except for maybe developing countries. Again: Individual movements, individual market mismatches, don't disprove a talent shortage. Your arguments only make sense if you assume the worth of an engineer to be virtually limitless, or else there is no shortage. That companies should ruin their business models by treating engineers like kings and handing them all the profits.