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If one makes $150 an hour and it saves them 1.25 hours a month, then they break even. To me, it's just a non-deterministic calculator for words. If it getting

If one makes $150 an hour and it saves them 1.25 hours a month, then they break even. To me, it's just a non-deterministic calculator for words. If it getting things wrong, then don't use it for those things. If you can't find things that it gets right, then it's not useful to you. That doesn't mean those cases don't exist.

warkanlock 2y ago
Serious question: Who earns (other than C-level) $150 an hour in a sane (non-US) world?
- bearjaws 2y ago
  US salaries are sane when compared to what value people produce for their companies. Many argue they are too low.
  - suddenlybananas 2y ago
    [dead]
- maxlamb 2y ago
  Most consultants with more than 3 years of experience are billed at $150/hr or more
  - drusepth 2y ago
    Ironically, the freelance consulting world is largely on fire due to the lowered barrier of entry and flood of new consultants using AI to perform at higher levels, driving prices down simply through increased supply. I wouldn't be surprised if AI was also eating consultants from the demand side as well, enabling would-be employers to do a higher % of tasks themselves that they would have previously needed to hire for.
  - _fat_santa 2y ago
    > billed That's what they are billed at, what they take home from that is probably much lower. At my org we bill folks out for ~$150/hr and their take home is ~$80/hr
    - bena 2y ago
      Yeah, at a place where I worked, we billed at around $150. Then there was an escalating commision based on amount billed.
- jwpapi 2y ago
  I do start at $300/hr I didn’t just set that, I need to set that to best serve.
- syndicatedjelly 2y ago
  My firm's advertised billing rate for my time is $175/hour as a Sr Software Engineer. I take home ~$80/hour, accounting for benefits and time off. If I freelanced I could presumably charge my firm's rate, or even more. This is in a mid-COL city in the US, not a coastal tier 1 city with prime software talent that could charge even more.
- deleted 2y ago
  [deleted]
- rank0 2y ago
  Why is high salaries an insane thing?
  - SoftTalker 2y ago
    On the one hand, there's the moral argument: we need janitors and plumbers and warehouse workers and retail workers and nurses and teachers and truck drivers for society to function. Why should their time be valued less than anyone elses? On the other hand there's the economic argument: the supply of people who can stock shelves is greater than the supply of people who can "create value" at a tech company, so the latter deserve more pay. Depending on how you look at the world, high salaries can seem insane.
    - rank0 2y ago
      I don’t even remotely understand what you’re saying is wrong. Median salaries are significantly higher in the US compared to any other region. Nominal and PPP adjusted AND accounting for taxes/social benefits. This is bad? Those jobs you referenced do not have the same requirements nor the same wages…seems like your just clumping all of those together as “lower class” so you can be champion of the downtrodden
bena 2y ago
I don't think this math depends on where that time is saved. If I do all my work in 10 hours, I've earned $1500. If I do it all in 8 hours, then spend 2 hours on another project, I've earned $1500. I can't bill the hours "saved" by ChatGPT. Now, if it saves me non-billing time, then it matters. If I used to spend 2 hours doing a task that ChatGPT lets me finish in 15 minutes, now I can use the rest of that time to bill. And that only matters if I actually bill my hours. If I'm salaried or hourly, ChatGPT is only a cost. And that's how the time/money calculation is done. The idea is that you should be doing the task that maximizes your dollar per hour output. I should pay a plumber, because doing my own plumbing would take too much of my time and would therefore cost more than a plumber in the end. So I should buy/use ChatGPT only if not using it would prevent me from maximizing my dollar per hour. At a salaried job, every hour is the same in terms of dollars.
- danparsonson 2y ago
  It's like sale discounts - "save $50!" which actually means "spend $450 instead of $500"
GrantMoyer 2y ago
In that case, wouldn't they be spending 200$ to get payed 200$ less?
deleted 2y ago
[deleted]
wavemode 2y ago
The question is, whether you couldn't have saved those same 1.25 hours by using a $20 per month model.
globular-toast 2y ago
Only if you're allowed to go home and enjoy those 1.25 hours and still get paid the same.

warkanlock 2y ago

Serious question: Who earns (other than C-level) $150 an hour in a sane (non-US) world?

bearjaws 2y ago
US salaries are sane when compared to what value people produce for their companies. Many argue they are too low.
- suddenlybananas 2y ago
  [dead]
maxlamb 2y ago
Most consultants with more than 3 years of experience are billed at $150/hr or more
- drusepth 2y ago
  Ironically, the freelance consulting world is largely on fire due to the lowered barrier of entry and flood of new consultants using AI to perform at higher levels, driving prices down simply through increased supply. I wouldn't be surprised if AI was also eating consultants from the demand side as well, enabling would-be employers to do a higher % of tasks themselves that they would have previously needed to hire for.
- _fat_santa 2y ago
  > billed That's what they are billed at, what they take home from that is probably much lower. At my org we bill folks out for ~$150/hr and their take home is ~$80/hr
  - bena 2y ago
    Yeah, at a place where I worked, we billed at around $150. Then there was an escalating commision based on amount billed.
jwpapi 2y ago
I do start at $300/hr I didn’t just set that, I need to set that to best serve.
syndicatedjelly 2y ago
My firm's advertised billing rate for my time is $175/hour as a Sr Software Engineer. I take home ~$80/hour, accounting for benefits and time off. If I freelanced I could presumably charge my firm's rate, or even more. This is in a mid-COL city in the US, not a coastal tier 1 city with prime software talent that could charge even more.
deleted 2y ago
[deleted]
rank0 2y ago
Why is high salaries an insane thing?
- SoftTalker 2y ago
  On the one hand, there's the moral argument: we need janitors and plumbers and warehouse workers and retail workers and nurses and teachers and truck drivers for society to function. Why should their time be valued less than anyone elses? On the other hand there's the economic argument: the supply of people who can stock shelves is greater than the supply of people who can "create value" at a tech company, so the latter deserve more pay. Depending on how you look at the world, high salaries can seem insane.
  - rank0 2y ago
    I don’t even remotely understand what you’re saying is wrong. Median salaries are significantly higher in the US compared to any other region. Nominal and PPP adjusted AND accounting for taxes/social benefits. This is bad? Those jobs you referenced do not have the same requirements nor the same wages…seems like your just clumping all of those together as “lower class” so you can be champion of the downtrodden

bena 2y ago

I don't think this math depends on where that time is saved. If I do all my work in 10 hours, I've earned $1500. If I do it all in 8 hours, then spend 2 hours on another project, I've earned $1500. I can't bill the hours "saved" by ChatGPT. Now, if it saves me non-billing time, then it matters. If I used to spend 2 hours doing a task that ChatGPT lets me finish in 15 minutes, now I can use the rest of that time to bill. And that only matters if I actually bill my hours. If I'm salaried or hourly, ChatGPT is only a cost. And that's how the time/money calculation is done. The idea is that you should be doing the task that maximizes your dollar per hour output. I should pay a plumber, because doing my own plumbing would take too much of my time and would therefore cost more than a plumber in the end. So I should buy/use ChatGPT only if not using it would prevent me from maximizing my dollar per hour. At a salaried job, every hour is the same in terms of dollars.

danparsonson 2y ago
It's like sale discounts - "save $50!" which actually means "spend $450 instead of $500"

GrantMoyer 2y ago

In that case, wouldn't they be spending 200$ to get payed 200$ less?

deleted 2y ago

[deleted]

wavemode 2y ago

The question is, whether you couldn't have saved those same 1.25 hours by using a $20 per month model.

globular-toast 2y ago

Only if you're allowed to go home and enjoy those 1.25 hours and still get paid the same.