Wages only rise if the demand curve doesn't drop with the higher price. In other words, just because something is scarce won't automatically drive its price up

Wages only rise if the demand curve doesn't drop with the higher price. In other words, just because something is scarce won't automatically drive its price up. Strawberries might be scarce in the winter, but that doesn't mean their price will be $10 or $20. It just means the volume at the normal price is negligible. Likewise, programmers are quite useful as they can automate things and so act as a lever on requirements. But that doesn't mean companies have $500K to pay to someone to do that. It just means the volume at the normal programmer salary is very low compared to the demand at that same salary.