You raise good points. I'll just counter this: you say currently and that's a very important word. Currently things are good in tech, in fact never have been be

You raise good points. I'll just counter this: you say currently and that's a very important word. Currently things are good in tech, in fact never have been better. Almost any startup with half decent product raises tens, often hundreds of millions of dollars with ease. With this loose finance (the causes of which are the low interest rate) of course paying a lot for developers doesn't matter much. I'm talking about a scenario in which if (when?) a lot of hot air is released from this bubble. This will terminate many companies that don't really produce much and will cause the rest to cut costs aggressively. I guess something similar to the dot com bubble only I think this time it will be worse. I do agree with you though that if the abundance of money continues, for the reasons you listed the current dynamic will probably prevail. After reading what I just wrote I fully realize this is one of those things that is impossible to predict and pointless to worry about. It can happen tomorrow, in 10 years or maybe never.