I can't tell if devs are overpaid or not. When I look at the comp packages people are getting (often mid 6-figs), pay seems absurdly high.
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But then I look at how much money one single dev can save a company and I wonder if devs are underpaid?
Chasing down a bug that costs 8-figs. If this pans out: 3rd co in a row where I've saved the co more than I'll likely make in a lifetime.
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some reasons (probably not decisive) that this could be not unreasonable:
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1) You could be replaceable--if you didn't track down the bug, they would get someone else to do it instead.
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how do you quantify the $ value of a bug?
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hypothetically, say you have a 20k machine service at $2k/machine/yr -> $40m/yr operating cost. 2x perf improvement = $20m/yr
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I'm pretty sure that system is bringing in (net) 8-9 figures today. If devs were net $0 no company would hire a dev
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the question I guess is how many other people could also save the company 8 figures
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also need to consider if there's an effective way to vet such people...
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With massive cloud services, I suspect 8-fig perf bugs are not uncommon
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(i.e., they're regular perf bugs, that scaled)
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