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I'm confused why this is even a puzzle. There is a bubble. Companies with half a product, no distinguishing technology, and no path to profitability are gettin
by deanCommie 7y ago
I'm confused why this is even a puzzle.
There is a bubble. Companies with half a product, no distinguishing technology, and no path to profitability are getting valuations of billions.
Therefore the big guys - the FANGS - become worth trillions, and can afford to hire the best of the best and pay them millions (over the last 5 years, with stock, yeah, that's what sr engineers make in Seattle/Silicon valley)
So, you've got the best software engineers in the world making adtech.
Which means the only ones the Iowa Democrats can find for a 60k budget aren't inept, but they're certainly not in the top tier. See also: The Obamacare online rollout.
What will fix it?
A market correction. One, as a well paid sr engineer, I am not looking forward to. But it will make a bunch of actually competent software devs available for smaller market projects, and suddenly the quality of government software will increase dramatically as lower-paid-but-outstanding-benefits government jobs seem way more cushier all of a sudden.
- vlovich123 7y agoAll this shit applies at the FANGS too so I don't think any market correction will magically solve the problem.