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Zuckerberg quoted as saying: "Our policy is literally to hire as many talented engineers as we can find. The whole limit in the system is just that there aren’t
by geebee 13y ago
Zuckerberg quoted as saying: "Our policy is literally to hire as many talented engineers as we can find. The whole limit in the system is just that there aren’t enough people who are trained and have these skills today."
Two huge unanswered questions. What do you mean by "trained and have these skills?" And at what price?
At $50,000 a year, I would also like to hire as all the engineers. I will place them into jobs that pay 100K a year, and I will keep 50k. How many times would I like to do this? Answer: all of the times.
Now, suppose I have to pay them 125K a year, and I can hire them out at 100k a year. How many times would I like to do this? Answer: none of the times.
So there's a massive shortage of 50k/yr engineers, but a huge glut of $125k a year engineers. It sounds like there's a severe shortage of programmers willing to work for far less than they're worth. How is this different from any other field?