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In this context, decent would imply sufficient to incentivize a sufficiently smart person to work at Intel, and live wherever Intel needs them to compared to ot
by lotsofpulp 2y ago
In this context, decent would imply sufficient to incentivize a sufficiently smart person to work at Intel, and live wherever Intel needs them to compared to other opportunities, such as living in the Bay Area and earning multiple hundreds of thousands of dollars per year and the potential for much more by starting your own company.
Microchip manufacturing is supposedly one of the most difficult things to do in the world, but why should the smartest people in the world do that if they have a maximum potential of a few hundred thousand dollars per year when writing software can get them far more?
- AtlasBarfed 2y agoBecause on the horizon software isn't going to pay that.
- lotsofpulp 2y agoIf you want to attract smart people now, you have to compete with their pay now. Letting your organization rot for 15 years while the owners reap the rewards is fine, just don’t be surprised when you’re irrelevant in the future. Or maybe do that because you’ll get a bailout from the US federal taxpayers.