The programmer supply: "It’s also possible that enrollment continues to lag behind demand by a decade and that record enrollments are just keeping pace with demand from a decade ago, in which case we might expect elevated compensation to persist" https://danluu.com/bimodal-compensation/ …
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This makes me wonder if "between firm differences in productivity" is as much about distribution/reach as it is about techniques
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I wrote about it here once. https://twitter.com/patio11/status/818702768537890817 … I think firm-specific productivity is part of the story, but only part of it. It is my impression that there are firms which hire from both humps; banks, entertainment companies, etc.
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My experience is that getting paid the big bucks in software is more about having access to valuable IP and trade secrets than it is about your skill. If you work on Google Search you get paid at a level that means you won’t leave and found a competitor.
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Similarly if you work at a hedge fund or something you will get paid 3-5x the market rate for your skills purely because the code you work on represents extremely valuable IP and they want you never to work anywhere else.
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