3 ms·
I think it's partly that technology can multiply the differences in marginal productivity between people. For example it's a common meme on HN to talk about "1
by jiggy2011 13y ago
I think it's partly that technology can multiply the differences in marginal productivity between people.
For example it's a common meme on HN to talk about "10X" or "100X" programmers. If such things are true then it probably makes sense for 100X programmers to be paid 100X more. The difference between a 1X and 10X programmer however may only be marginal in terms of actual intelligence etc.
Therefor if we assume a 10X programmer gets $100,000 , a 100X programmer get $1M and a 1X programmer gets $10,000 which is not going to be a living wage if one has a family.
So one needs to be at least say a 3X programmer to earn a living wage. But maybe there is no such thing as a 3X programmer, only 1X , 10X and 100X.
- nagrom 13y agoThere's also the fact that if a 1x programmer gets forced out the market, the 10x programmers become 1x programmers (by the definition of a 1x programmer) and the 100x programmers become 10x programmers...
- countrybama24 13y agoBingo. Everyone is replaceable over a long enough timeframe.
- FLUX-YOU 13y agoI think part of the 1X-10X-100X thing comes from knowledge acquired. It's really difficult to nail down what the industry values more: depth or breadth of knowledge, but I'm pretty sure there are jobs for both. To me, a 10x has always been someone who's studied a ton of material and has solved a lot of problems. It'd be a bit strange if you couldn't be 10 times as productive as a junior guy if you had depth and breadth knowledge of, say, an entire web stack. If technology gets to the point where it's a very large multiplier, then the human involved would basically be a constant in the face of a large value and multiplier -- almost irrelevant. That might mean that hiring can disregard any requirements (which would be nice for some of us!), but I think that's going to be a far cry since the industry seems to be going in the opposite direction (more languages/projects/knowledge required for an entry level position than 10 years prior)