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> low wage jobs at google, Azure and Amazon

I have no idea what makes you say that. As far as I'm familiar with these roles, none of them are low paying. These companies tend to pay very well because of the amazing scalability involved in these roles. Any engineering work that scales linearly with the number of users is automated almost immediately and the focus is generally on very high-level work.

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When you go from 100 corporations. Each having infrastructure teams of 50+ people to one provider running the same thing with 20 people from that pool the wages go down. While there certainly are well paid individuals behind Azure or AWS, they are rare compared to “the people on the floor”, and those people used to be able to rise to senior specialist in companies before, now they just order services from the big players.

Now don’t get me wrong there will always be avenues for the most talented players, but the crisis will come when the 45 out of the 50 strong infrastructure team at every larger corporation are no longer needed, and the last 5 will end up doing work that’s completely unrelated to their prior expertise.

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