alt Hacker NewsIf demand for software developers decreases due to AI, salaries are likely to decrease as well. Take the academic world for comparison, where supply of very smart people vastly exceeds the demand.
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nonethewiser • yesterday at 4:32 PM
I already addressed this in my comment. There are real factors that could reduce US compensation, but calling that "normalization" assumes the current gap exists for no reason.
I suspect demand for software is nearly infinitely elastic, so far we’ve seen demand and comp for engineers increase as coding agents got better
Academia for comparison doesn’t make money…maybe a better comparison is HFT? Plenty of very very smart people playing a zero sum game, yet their comp has only increased