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I don't feel like there should be any real concern within the next 5 years, but I do believe that within the next 10+ years, we could see a major shift in salar
by umsm 13y ago
I don't feel like there should be any real concern within the next 5 years, but I do believe that within the next 10+ years, we could see a major shift in salaries.
I don't have any data, but nothing will continue "going up forever"...
- acchow 13y ago> I don't have any data, but nothing will continue "going up forever"... Take a look at historical production per hour over the past few decades or centuries. It's been going up "forever". What we have seen in the physical world is that the people who reap the wages of this productivity has been shifting to the holders of capital (physical capital, land, finance, etc). In software, there's very little need for physical capital (factories) and land - "holders of capital" really means "holders of human capital"; i.e. intellectual capital. I do believe productivity will continue to increase, and since programmers own their own minds (human capital), they will see the wages.