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I prefer to see it in terms of power hierarchy. Programmers gained a massive advantage in the past decades because they got to dictate to everyone how to work -

by jdrc 5y ago

I prefer to see it in terms of power hierarchy. Programmers gained a massive advantage in the past decades because they got to dictate to everyone how to work - they went higher in the power hierarchy. This has taken the wages of everyone else lower and lower and lower, while tech companies have been making absurd margins (yes there is a lot of zero sum in it). But now free money is over and inflation is showing its teeth very sharply -- here in europe it is going to be a massive problem. What you will see is more and more tech-savvy business owners in all other sectors that will reign-in the overpriced-snake-oil salesmen of the big tech and will put developers back in the lower ranks of the cogs hierarchy.

CraigJPerry 5y ago
All the inflation around appears to be either supply side issues (cars, anything with semi conductors, transport issues, …) rather than demand side. There’s definitely more money sloshing around but everyone appears to be using it to jack up equities prices. Any other price rises i can spy right now appear to be opportunistic profiteering rather than over demand. Eg the used car market is already back to many cars not moving since Christmas because they’re over priced where last summer there was a legitimate shortage, no adverts were old adverts for used cars back then. That said, It doesn’t really matter with inflation whether it’s based in supply or a demand side cause or not, there will be effects just because enough people believe they will come. A self fulfilling prophecy to some extent. Im not sure the effects will be the predicted ones though, i suspect a less rational outcome because the basis for this is not on rational ground. As for programmers, I’d have to take the other side of that bet. No code has yet again proven itself to be the same useless junk it was in every other incarnation of that idea. Code is infecting everything today. Good luck buying even just a tv without apps, never mind a new car without some junk entertainment system tacked on. Still no one has solved how to write good code - the type hype just now still leads to building the wrong thing for the customers needs and still produces software with very basic security vulns like XSS. Until someone can solve making code writing reliable, the status quo will continue.

by jdrc 5y ago

CraigJPerry 5y ago

All the inflation around appears to be either supply side issues (cars, anything with semi conductors, transport issues, …) rather than demand side. There’s definitely more money sloshing around but everyone appears to be using it to jack up equities prices. Any other price rises i can spy right now appear to be opportunistic profiteering rather than over demand. Eg the used car market is already back to many cars not moving since Christmas because they’re over priced where last summer there was a legitimate shortage, no adverts were old adverts for used cars back then. That said, It doesn’t really matter with inflation whether it’s based in supply or a demand side cause or not, there will be effects just because enough people believe they will come. A self fulfilling prophecy to some extent. Im not sure the effects will be the predicted ones though, i suspect a less rational outcome because the basis for this is not on rational ground. As for programmers, I’d have to take the other side of that bet. No code has yet again proven itself to be the same useless junk it was in every other incarnation of that idea. Code is infecting everything today. Good luck buying even just a tv without apps, never mind a new car without some junk entertainment system tacked on. Still no one has solved how to write good code - the type hype just now still leads to building the wrong thing for the customers needs and still produces software with very basic security vulns like XSS. Until someone can solve making code writing reliable, the status quo will continue.