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Sky high salaries in tech aren’t justified by the industry’s absolute contribution to society. Related: pushing the message that folks should constantly be look
by LVB 5y ago
Sky high salaries in tech aren’t justified by the industry’s absolute contribution to society. Related: pushing the message that folks should constantly be looking for more money and switching jobs is a net harm.
- petermcneeley 5y agoLet me take this one on. Salaries are determined by competition but lets ignore that for a second and focus on the ever elusive concept of Value. With a few clicks I can deploy code to billions of people. This impacts is historically unprecedent. The only historical parallel I can think of is extremely famous authors like Mark Twain. Its like the difference between being a farmer with a plow and having an army of farming robots. The productive multiplier is astronomical. To gain an appreciation for natural productive multipliers you could play games like Factorio.
- kerbs 5y agoWell the good or bad news is that nobody is paid based on their contribution to society. They are paid according to the market. Bless, or curse, capitalism.