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At least in part it's not just supply and demand, but what capital owners have deemed your value is worth, and how much value you can produce for them given you
by WinLychee 3y ago
At least in part it's not just supply and demand, but what capital owners have deemed your value is worth, and how much value you can produce for them given your role. A programmer at a big co can take that 300-500K/year you pay them and multiply it 10x, creating a lot of "value" due to far reaching impact at scale.
- badpun 3y agoThat is still supply and demand. The "demand" part comes from what you wrote about - how profitable the capital holders believe their tech ventures will be - this sets the ceiling for tech salaries. Currently, the capital holders are still very optimistic, which makes us in this profession still in very high demand.
- WinLychee 3y agoUpon revisiting this, you make a fair point, I suppose that would drive demand.