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The ultimate winners here would be the software employees in my opinion. The money flows from investors/public to the geeks. Dont know how the economy is going
by hittudiv 11y ago
The ultimate winners here would be the software employees in my opinion. The money flows from investors/public to the geeks. Dont know how the economy is going to work out with that though.
- jules 11y agoWho were the true winners of the industrial revolution? The employees making the machines? Nah. The true winners here will be the ones that always have been and always will be the winners.
- santaclaus 11y agoThe software employers are probably accumulating capital at a higher rate than the software employees.
- nostrademons 11y agoProbably, but an increasing number of software employees are striking out to become software employers as well. Software is interesting in that virtually all capital is human capital, and that small changes in the environment (a shift from web to mobile, for example) can invalidate large swaths of accumulated domain knowledge.
- ghaff 11y agoMaybe. There is also a lot of work going into providing tools for domain experts so that entry-level programmers aren't needed for, e.g. data visualization. So it's not clear to me that the dynamic is any different in software engineering than anywhere else.
- task_queue 11y agoThat's a false narrative. Owners and executives are the winners here. We are underpaid for the value we bring in and the industry has been caught trying to keep it that way.