> There's a certain amount of tech talent at any given technical ability level available worldwide Surely then wages would be skyrocketing for that limited num

> There's a certain amount of tech talent at any given technical ability level available worldwide Surely then wages would be skyrocketing for that limited number of qualified workers, rather than remaining static, which they have. This is what has happened in the past in the tech industry, and it's what happens in other industries. Supply and demand, as you said. > paying more won't increase the supply quickly enough So individual companies wont pay more because the national supply wont increase as a result? This doesn't make sense