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Some software brings in a lot of value, that's true, as evidenced by all the wealthy tech companies out there. But I think I wouldn't be too far off if I will
by Andrew_nenakhov 4y ago
Some software brings in a lot of value, that's true, as evidenced by all the wealthy tech companies out there.
But I think I wouldn't be too far off if I will estimate that only about 0.1% of developers create software that results in seven (or more) figure economic gains, 9,9% have moderate productivity that pays back their salary with some surplus and they other 90% of developers have actually negative productivity, and are only paid well thanks to the success of the first 0.1%
- randomdata 4y agoI expect similar numbers are found throughout the entire economy. Most businesses fail. The trouble is that we don't have a good sense for who the winners will be until after the costs are sunk, and since software has the one of the highest potential upsides we're willing to sink more into trying.