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Counter to your point, what's most striking from that chart is how comparably similar both Europe and the United States are in their GDP per capita growth. I w
by kelseydh 9mo ago
Counter to your point, what's most striking from that chart is how comparably similar both Europe and the United States are in their GDP per capita growth.
I wouldn't bank too much on those high salaries for U.S. tech workers. The U.S. tech industry has been in a contraction since the post-COVID hiring boom: https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE
As AI tooling improves, tech workers are finding their opportunities for high-paying prosperity fizzle out. Non-AI tech jobs are going the way of the rust belt and most tech professionals have seen their pay flatten. https://www.itbrew.com/stories/2024/02/05/tech-salaries-stagnated-for-the-first-time-in-nearly-two-decades-in-2022-according-to-survey https://www.itbrew.com/stories/2024/02/05/tech-salaries-stag...
- jredwards 9mo agoThe labor market is cratering, but tech worker pay remains higher in the US than anywhere else on the planet.