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The world is in no way short of people who think the world owes them a living. Didn't a recent survey show that over half of all programmers think they're going

The world is in no way short of people who think the world owes them a living. Didn't a recent survey show that over half of all programmers think they're going to be millionaires? Ah yes, invent a better mousetrap and blah blah blah. In what way is the legal system not innovative? Sure, it relies on precedent, but look at the innovative ways precedent is used. The problem isn't lack of innovation so much as the purposes to which it is put.

randomdata 13y ago
> Didn't a recent survey show that over half of all programmers think they're going to be millionaires? Seems pretty reasonable. Rule of thumb is to save 10% of your income. Median income of programmers is reported to be $90,000, which is roughly $67,000 after tax in my location. That annual addition compounded at 5% works out to $900K over the course of a typical career. And that is just in cash savings. Another rule of thumb is spend 30% of your income on a home. If you use that to buy, that adds another, say, $400,000 to your net worth and we should be safely able to assume another $300,000 once the home is paid for if you redirect those payments into savings. Add in an earning partner and the numbers get even larger. And while prices can fluctuate, those numbers have historically gone up, which means decades from now you will probably be making more than $90K, and your home will probably be worth more than $400K. I'm more interested in why half of the programmers surveyed don't think they will be millionaires. You don't even have to make the median income I proposed earlier to get there. Quite a bit less will do.
joe_the_user 13y ago
In what way is the legal system not innovative? Context, context, context! While we could get into a whole argument about the legal system itself is innovative, you could instead note that point is that my point and the point of the parent article is that a person who occupies themselves in suing someone is not engaging in innovation. Now do you really disagree with that?

randomdata 13y ago

> Didn't a recent survey show that over half of all programmers think they're going to be millionaires? Seems pretty reasonable. Rule of thumb is to save 10% of your income. Median income of programmers is reported to be $90,000, which is roughly $67,000 after tax in my location. That annual addition compounded at 5% works out to $900K over the course of a typical career. And that is just in cash savings. Another rule of thumb is spend 30% of your income on a home. If you use that to buy, that adds another, say, $400,000 to your net worth and we should be safely able to assume another $300,000 once the home is paid for if you redirect those payments into savings. Add in an earning partner and the numbers get even larger. And while prices can fluctuate, those numbers have historically gone up, which means decades from now you will probably be making more than $90K, and your home will probably be worth more than $400K. I'm more interested in why half of the programmers surveyed don't think they will be millionaires. You don't even have to make the median income I proposed earlier to get there. Quite a bit less will do.

joe_the_user 13y ago

In what way is the legal system not innovative? Context, context, context! While we could get into a whole argument about the legal system itself is innovative, you could instead note that point is that my point and the point of the parent article is that a person who occupies themselves in suing someone is not engaging in innovation. Now do you really disagree with that?