4 ms·

> Software is still the most well paid, expanding industry of the last 40 years. In a lot of the world it's nowhere near as well paid as most of the profession

by hanoz 7y ago

> Software is still the most well paid, expanding industry of the last 40 years. In a lot of the world it's nowhere near as well paid as most of the professions which have comparable requirements in terms of the amount academic study, vocational apprenticeship and natural aptitude needed.

zophosie 7y ago
> In a lot of the world it's nowhere near as well paid as most of the professions which have comparable requirements in terms of the amount academic study, vocational apprenticeship and natural aptitude needed. Teaching/Academia isn't a real job and can be replaced with the internet
- yes_man 7y ago
  Teaching/academia being a job has nothing to do with the comment you replied to, and even if it were, I'm curious how would you replace academical research "with the internet"?
- mattkrause 7y ago
  It baffles me that you can even write "academia isn't a real job" while the entire planet is desperately hoping for biomedical breakthroughs. Almost all of the people working on COVID have advanced degrees; many of them work in academic labs. As for teaching, if you want to be intubated by someone who once a post about it on Medium, well...best of luck.
notacoward 7y ago
What places and professions are you talking about? I'm genuinely curious. I've worked with programmers outside the US and Europe, and my impression was that programming was still one of the "easier" ways (in terms of training and credentials) to reach the upper economic strata.
formercoder 7y ago
Even in the U.S. I’m not sure where this myth of SWE being the most well paid industry comes from. Try many finance jobs and big law, also medicine in certain specializations. They all pay much better than 95% of all software engineering jobs. It’s also well known that to be an incredibly high paid SWE, you need to be at a large public tech company. That means you’re making a huge bet on their stock - the folks making bank there do so because their equity has appreciated massively. I think one reason for the pervasiveness of this myth is that engineers talk about the fact that they are paid well. Folks in other industries are much quieter about it.
- notacoward 7y ago
  Software is one of the best paid and fastest growing fields that doesn't require a post-graduate degree plus years of resident/associate toil before you pay off those student loans and start getting ahead. Finance might be even better, but not everyone has the stomach for it. There are a lot of very unpleasant people and attitudes to deal with. A lot of the worst tech-bro-ism comes from contact with finance. > the folks making bank there do so because their equity has appreciated massively That's not entirely true. The salary scale is way higher than other places. For example, just my salary at one of those companies is higher than my total comp at a company outside the circle, and I was well paid by any standard there. > one reason for the pervasiveness of this myth It's always possible to look up at people making even more, and feel like you're not paid well enough by comparison. But it's also worth considering the many times more people making less, compared to which we're very well paid indeed. For some of us, the empathy outweighs the envy.
  - formercoder 7y ago
    I generally agree with you. But many people say that software engineering de facto pays the best without acknowledging other options. I also think opinions are colored by media and public opinion. I’ve met many, many investment bankers, and 98% of them are really nice people that I enjoy hanging out with. Fundamentally I think people need to examine their skill set and the work environment in which they thrive the most in order to pick a career that will be most fruitful with them.

by hanoz 7y ago

zophosie 7y ago

> In a lot of the world it's nowhere near as well paid as most of the professions which have comparable requirements in terms of the amount academic study, vocational apprenticeship and natural aptitude needed. Teaching/Academia isn't a real job and can be replaced with the internet

yes_man 7y ago
Teaching/academia being a job has nothing to do with the comment you replied to, and even if it were, I'm curious how would you replace academical research "with the internet"?
mattkrause 7y ago
It baffles me that you can even write "academia isn't a real job" while the entire planet is desperately hoping for biomedical breakthroughs. Almost all of the people working on COVID have advanced degrees; many of them work in academic labs. As for teaching, if you want to be intubated by someone who once a post about it on Medium, well...best of luck.

notacoward 7y ago

What places and professions are you talking about? I'm genuinely curious. I've worked with programmers outside the US and Europe, and my impression was that programming was still one of the "easier" ways (in terms of training and credentials) to reach the upper economic strata.

formercoder 7y ago

Even in the U.S. I’m not sure where this myth of SWE being the most well paid industry comes from. Try many finance jobs and big law, also medicine in certain specializations. They all pay much better than 95% of all software engineering jobs. It’s also well known that to be an incredibly high paid SWE, you need to be at a large public tech company. That means you’re making a huge bet on their stock - the folks making bank there do so because their equity has appreciated massively. I think one reason for the pervasiveness of this myth is that engineers talk about the fact that they are paid well. Folks in other industries are much quieter about it.

notacoward 7y ago
Software is one of the best paid and fastest growing fields that doesn't require a post-graduate degree plus years of resident/associate toil before you pay off those student loans and start getting ahead. Finance might be even better, but not everyone has the stomach for it. There are a lot of very unpleasant people and attitudes to deal with. A lot of the worst tech-bro-ism comes from contact with finance. > the folks making bank there do so because their equity has appreciated massively That's not entirely true. The salary scale is way higher than other places. For example, just my salary at one of those companies is higher than my total comp at a company outside the circle, and I was well paid by any standard there. > one reason for the pervasiveness of this myth It's always possible to look up at people making even more, and feel like you're not paid well enough by comparison. But it's also worth considering the many times more people making less, compared to which we're very well paid indeed. For some of us, the empathy outweighs the envy.
- formercoder 7y ago
  I generally agree with you. But many people say that software engineering de facto pays the best without acknowledging other options. I also think opinions are colored by media and public opinion. I’ve met many, many investment bankers, and 98% of them are really nice people that I enjoy hanging out with. Fundamentally I think people need to examine their skill set and the work environment in which they thrive the most in order to pick a career that will be most fruitful with them.