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You are describing the right symptoms but pointing to the wrong cause. There is nothing abnormal in EE profits _if_compared with any other physical widget manu
by DoingIsLearning 3y ago
You are describing the right symptoms but pointing to the wrong cause.
There is nothing abnormal in EE profits _if_compared with any other physical widget manufacturer.
What is abnormal is the zero copy cost of Software, as a product, and the scalability of Software services in an online world with a _world_ of customers.
Nothing in the physical world (other than maybe Financial Products) compares to the margins and scale that you can achieve in Software. This means that for golden geese like AdWords paying 500k to a SWE is just a rounding error.
We all see the problem but that doesn't change the fact that a lot of Engineers from other fields won't rightfully jump on that opportunity and profit from the current imbalance in terms arbitrage of Engineering time.
- FirmwareBurner 3y ago>What is abnormal is the zero copy cost of Software, as a product, and the scalability of Software services in an online world with a _world_ of customers. Not really, abnormal also in the low barrier of regulations in terms of privacy and use of data, compared to traditional engineering jobs, but that is slowly changing, at least in Europe. >his means that for golden geese like AdWords paying 500k to a SWE is just a rounding error. Not every SWE in the world works or can work for golden geese. Most SW jobs in the world aren't for global titans but average jobs like any other paid average. The US skews this because it's full of golden geese with global dominance. Europe and other places not so much. >a lot of Engineers from other fields won't rightfully jump on that opportunity and profit from the current imbalance in terms arbitrage of Engineering time Won't? I'm currently in the process of trying to jump but aren't' allowed to. 100% rejection rate. The market is brutal for side entrants.