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Massive salaries will exist so long as there are 10x and 100x workers and throwing more bodies at a bottleneck scales horribly. Given the normal curve holds for
by Nasrudith 5y ago
Massive salaries will exist so long as there are 10x and 100x workers and throwing more bodies at a bottleneck scales horribly. Given the normal curve holds for skill distributions companies who look for bulk cheap unicorns will always be disappointed.
Remember all of those failed multimillion dollar coding contracts? They were from factory style management trying to apply it to coding. Reality slapped the fools upside the head enough times via absolute fiascos. Even if we take conspiratorial economics as a given we already know how this will end. History indicates their hubris will bring themselves only ruin, just like the legacy rust belt manufacturers.
Also how the hell will programming tools used by programmers be used against them? That is a shallow appeal to horror. Even if machine learning became good enough to automate the low end of the programming market that would only raise their salaries even higher. It is not an easy machine learning problem to solve at all. Esoteric, obscure, and highly complex skills which can make businesses have never come cheaply.