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Actually tech was a good example of an industry that distributes wealth around. Without high salaries that money would have sat idle in big pockets. I imagine a

Actually tech was a good example of an industry that distributes wealth around. Without high salaries that money would have sat idle in big pockets. I imagine a ton of gardeners, mechanics, restaurant workers, travel industry workers, will be affected by revenue lost from software engineers not working or not being paid what some people think is a high remuneration. Anyway not to worry. Software is complex. If the industry is not paying well then it will be difficult to attract smart people to deal with all that complexity. Lower pay, less smart people, less competitiveness, less revenue for us companies. Simple as.

Kukumber 4y ago
Inflated salary in tech jobs = inflated real estate price = struggling lower middle class, go visit SF But that wasn't even the point i was trying to make, merit is no longer rewarded since the expectation for a high salary is the baseline, hence it's not usual to see high burn rate in big corporations and highly valued startups, inflating everything up to the point where nobody can compete anymore unless you go hire in india/asia with the problems that comes with it (socioeconomics) Check the various hiring posts from YC, it's telling > then it will be difficult to attract smart people That's a documented bullshit, with a high salary you don't attract "smart" people, you attract people attracted to the money Look, a "smart people" contacted him to offer his help for bare minimum compensation; that defeats your point
- fredestine 4y ago
  not everyone in tech is making 6 digits working at FAANG. stop blaming the workers. the problem is the gov, the economists, and the crazy policies during covid. there are plenty of other jobs high paid such as consulting, legal jobs that are not creating any clear value as well. at leas tech changed the way people buy things, communicate, move around, travel and created wealth into the midle class like no other profession. to earn well in law you need a network and a family that knows how to guide you through the best schools and best companies. same for consulting/banking a commononer won't get into rotschild or mckinsey. tech allowed all kind of people to build wealth.
  - Kukumber 4y ago
    > tech allowed all kind of people to build wealth Not on the premise of merit, and your take is valid for every jobs, it's the definition of a job I agree with everything else you said
    - fredestine 4y ago
      if we were a meritocraty we would have a 90 year old grandpa with memory loss and other mental impairment as president. we're in a peter sellers movie
- yrgulation 4y ago
  I imagine a lot of middle class people are benefiting from the … software engineer middle class cashflow. Your logic is a bit like wanting to make the middle class poorer because its driving prices up and the lower class cant afford things. Then of course the lower class should earn less because the unemployed and homeless cant afford things. Computer science is hard. Why would someone spend their whole life studying, being sucked into a world of machines, sacrificing social life and friendships to be immersed in a job that doesnt pay well? High end software isnt about maintaining a website after getting a pdf certification from a boot camp. Its real complex and difficult.
bmitc 4y ago
> I imagine a ton of gardeners, mechanics, restaurant workers, travel industry workers, will be affected by revenue lost from software engineers not working or not being paid what some people think is a high remuneration. Trickle-down economics? That’s not exactly a bolstered argument.
- yrgulation 4y ago
  Trickle down doesnt work for billionaires that game the system. For most engineers life is about living.

Kukumber 4y ago

Inflated salary in tech jobs = inflated real estate price = struggling lower middle class, go visit SF But that wasn't even the point i was trying to make, merit is no longer rewarded since the expectation for a high salary is the baseline, hence it's not usual to see high burn rate in big corporations and highly valued startups, inflating everything up to the point where nobody can compete anymore unless you go hire in india/asia with the problems that comes with it (socioeconomics) Check the various hiring posts from YC, it's telling > then it will be difficult to attract smart people That's a documented bullshit, with a high salary you don't attract "smart" people, you attract people attracted to the money Look, a "smart people" contacted him to offer his help for bare minimum compensation; that defeats your point

fredestine 4y ago
not everyone in tech is making 6 digits working at FAANG. stop blaming the workers. the problem is the gov, the economists, and the crazy policies during covid. there are plenty of other jobs high paid such as consulting, legal jobs that are not creating any clear value as well. at leas tech changed the way people buy things, communicate, move around, travel and created wealth into the midle class like no other profession. to earn well in law you need a network and a family that knows how to guide you through the best schools and best companies. same for consulting/banking a commononer won't get into rotschild or mckinsey. tech allowed all kind of people to build wealth.
- Kukumber 4y ago
  > tech allowed all kind of people to build wealth Not on the premise of merit, and your take is valid for every jobs, it's the definition of a job I agree with everything else you said
  - fredestine 4y ago
    if we were a meritocraty we would have a 90 year old grandpa with memory loss and other mental impairment as president. we're in a peter sellers movie
yrgulation 4y ago
I imagine a lot of middle class people are benefiting from the … software engineer middle class cashflow. Your logic is a bit like wanting to make the middle class poorer because its driving prices up and the lower class cant afford things. Then of course the lower class should earn less because the unemployed and homeless cant afford things. Computer science is hard. Why would someone spend their whole life studying, being sucked into a world of machines, sacrificing social life and friendships to be immersed in a job that doesnt pay well? High end software isnt about maintaining a website after getting a pdf certification from a boot camp. Its real complex and difficult.

bmitc 4y ago

> I imagine a ton of gardeners, mechanics, restaurant workers, travel industry workers, will be affected by revenue lost from software engineers not working or not being paid what some people think is a high remuneration. Trickle-down economics? That’s not exactly a bolstered argument.

yrgulation 4y ago
Trickle down doesnt work for billionaires that game the system. For most engineers life is about living.