Programmers have high wages because the value of new implementation is very high. This is driven by innovation in business applications and practice, but also b

Programmers have high wages because the value of new implementation is very high. This is driven by innovation in business applications and practice, but also by (the real sense) Moore's law - real sense in that the improvement in computing power effectively available creates available value. These factors mean that business can create investment cases, and investment cases provide pay. If (real) Moore's law vanished today I believe that there would be 5-10 years more innovation before the train stopped. But real Moore's law isn't over yet so I don't think people need to worry.