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> Either the incumbents remain entrenched because of the loopholes, or they would no longer wield undue advantage, leaving some breathing room for upstarts. Un

> Either the incumbents remain entrenched because of the loopholes, or they would no longer wield undue advantage, leaving some breathing room for upstarts. Unsure if this is good or bad for software engineers. There are always unintended consequences, but it seems like it would be good in that if there are more upstarts there should also be more jobs for software engineers. The pay may (probably) won't be like what it is in FAANG companies, but not everyone can work for a FAANG company.

ehnto 5y ago
Not everyone would want to work at a FAANG company either. I have quietly hoped for a redistribution of software resources for a while, it's not a practically thought out hope. I just feel like the worlds software talent could do better work in more interesting and varied fields. I also think it would lead to more innovation. How many engineers aren't working on their own ideas because the insane salaries at big tech would be stupid to give up? I don't blame someone on 200-500k a year for just sitting tight and soaking up the dollars. 500k a year is as much or more than a successful small business owner, and you don't have to take on any of the risk.
- UncleOxidant 5y ago
  As someone who has never worked for a FAANG company, nor wants to (FB recruiter email I got this morning will go unanswered) the mind boggles at these $200K-$500K salaries. If I were making a salary in that range I'd think it would be possible to retire after about 5 years if one was frugal. > I just feel like the worlds software talent could do better work in more interesting and varied fields. Agreed, but I'm not sure how these measures will do anything to provide more interesting work. It would probably just be more of the same, but more different companies doing it.
  - Workaccount2 5y ago
    >If I were making a salary in that range I'd think it would be possible to retire after about 5 years if one was frugal. We have our fair share of 30 something's on here already eyeing their exit. Nice mountain home, fun side projects, and perhaps some consulting here or there.
  - Hydraulix989 5y ago
    Taxes take a decent chunk out of it.

ehnto 5y ago

Not everyone would want to work at a FAANG company either. I have quietly hoped for a redistribution of software resources for a while, it's not a practically thought out hope. I just feel like the worlds software talent could do better work in more interesting and varied fields. I also think it would lead to more innovation. How many engineers aren't working on their own ideas because the insane salaries at big tech would be stupid to give up? I don't blame someone on 200-500k a year for just sitting tight and soaking up the dollars. 500k a year is as much or more than a successful small business owner, and you don't have to take on any of the risk.

UncleOxidant 5y ago
As someone who has never worked for a FAANG company, nor wants to (FB recruiter email I got this morning will go unanswered) the mind boggles at these $200K-$500K salaries. If I were making a salary in that range I'd think it would be possible to retire after about 5 years if one was frugal. > I just feel like the worlds software talent could do better work in more interesting and varied fields. Agreed, but I'm not sure how these measures will do anything to provide more interesting work. It would probably just be more of the same, but more different companies doing it.
- Workaccount2 5y ago
  >If I were making a salary in that range I'd think it would be possible to retire after about 5 years if one was frugal. We have our fair share of 30 something's on here already eyeing their exit. Nice mountain home, fun side projects, and perhaps some consulting here or there.
- Hydraulix989 5y ago
  Taxes take a decent chunk out of it.