This shift was long overdue, hopefully we'll start to see meaningful projects that moves humanity forward from now on, economy of the self has to go
I doubt that'll come from amazon, but the signal is loud and clear
Anyway not to worry. Software is complex. If the industry is not paying well then it will be difficult to attract smart people to deal with all that complexity. Lower pay, less smart people, less competitiveness, less revenue for us companies. Simple as.
But that wasn't even the point i was trying to make, merit is no longer rewarded since the expectation for a high salary is the baseline, hence it's not usual to see high burn rate in big corporations and highly valued startups, inflating everything up to the point where nobody can compete anymore unless you go hire in india/asia with the problems that comes with it (socioeconomics)
Check the various hiring posts from YC, it's telling
> then it will be difficult to attract smart people
That's a documented bullshit, with a high salary you don't attract "smart" people, you attract people attracted to the money
Look, a "smart people" contacted him to offer his help for bare minimum compensation; that defeats your point
Not on the premise of merit, and your take is valid for every jobs, it's the definition of a job
I agree with everything else you said
Computer science is hard. Why would someone spend their whole life studying, being sucked into a world of machines, sacrificing social life and friendships to be immersed in a job that doesnt pay well? High end software isnt about maintaining a website after getting a pdf certification from a boot camp. Its real complex and difficult.
Trickle-down economics? That’s not exactly a bolstered argument.