Sure, but that's small consolation if you're not able to capture the value. That said, as a Finn, I'm quite happy about Linus Torvalds. Still, almost all indus

Sure, but that's small consolation if you're not able to capture the value. That said, as a Finn, I'm quite happy about Linus Torvalds. Still, almost all industries will be tech-enabled in the future (software eating the world etc.), so one would expect European banks for example to up their game when it comes to tech salaries. Alas, it seems that they're are also quite poorly run [1], so I wouldn't hold my breath. Also, apart from Spotify, European tech workers haven't been able to enjoy the benefits of the streaming wars. And even Spotify is hamstrung by relatively low margins due to high licensing costs [2]. I guess the one industry that might have already increased their rates for SWEs is the car industry and specifically, the relatively profitable German car brands. But it seems they're more focused now on producing electric cars rather than creating online services [3]. As a European tech worker, if you're not willing or able to move to the US, two good options can be to get involved with local startups or to go into independent consulting. Maybe a little ironically, the opportunity costs of starting or working for a startup in Europe might be lower than in the US, due to the smaller pay gap. [1]: https://www.economist.com/leaders/2019/04/06/fixing-europes-zombie-banks https://www.economist.com/leaders/2019/04/06/fixing-europes-... [2]: https://www.statista.com/chart/13406/gross-margin-of-spotify-and-netflix/ https://www.statista.com/chart/13406/gross-margin-of-spotify... [3]: https://www.ft.com/content/81a5030c-1a64-11ea-97df-cc63de1d73f4 https://www.ft.com/content/81a5030c-1a64-11ea-97df-cc63de1d7... (apologies for the paywall).