3 ms·
New high value activities that are available to a somewhat larger population (like programming) can stay disproportionally paid more than the value they bring o
by necovek 5y ago
New high value activities that are available to a somewhat larger population (like programming) can stay disproportionally paid more than the value they bring only for a short time.
Simple things are already happening that will flatten the discrepancies: more and more people go or switch into IT, and those high earning IT people now battle for services of those paid less, so their prices go up as well.
It's a long process, though.
This is not to discount the complexity of high paying IT jobs (and the amount of education needed), but until we reach a point where developers are not at such a stark deficit, pay will stay up, though others will see their pay rise as well.