The author glanced over the fact that "software is eating the world", and I think that therein lies another factor - the constant demand for more software. As

The author glanced over the fact that "software is eating the world", and I think that therein lies another factor - the constant demand for more software. As software becomes more complex and critical, more companies need not just people who can code, but mature engineers (http://www.kitchensoap.com/2012/10/25/on-being-a-senior-engineer/ http://www.kitchensoap.com/2012/10/25/on-being-a-senior-engi...). Meanwhile the path for more of those to appear in the global economy involves waiting for the standard of living to rise across the world, more people to grow up in such an environment, get their education and at least 10,000 hours of experience.