Going to write down a few predictions for ten years from now. Here’s one: contra https://www.jefftk.com/p/programmers-should-plan-for-lower-pay … and other people I respect, I think total compensation for software engineers on a real (inflation-adjusted) basis will be materially higher in 2030 than in 2020.
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If there was a financial instrument that let me place that bet, I'd hold the other side as a hedge against my career income. A related question: a young person asks you if they should be a programmer. Assume income is going down in the next ten years, what do you say?
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Depends on the size? If it's "only" by 2x, I don't think that changes the equation much? That puts someone at $150k to $2xxk total comp at "senior" and maybe $225k to $3xxk at "staff", excluding outsized bonuses and stock appreciation? WLB adjusted, seems like a good deal.
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