← Back to context

Comment by mbesto

8 hours ago

> All of us who produce, we also consume. Society and its markets form an ecosystem, which needs some inefficiency to evolve, be resilient and thrive.

And all of us engineers get paid REALLY WELL because people sell software for us. Software is cheap relative to its value. Stop complaining that you're getting ripped off.

> Human society works best when people don't capture all their productive output, when they actually do leave some money on the table, because this allows others to take it and use it to innovate and create more value - which, again, if they don't capture entirety of it, allows even more people to build on top of it.

You have no evidence to support this.

> And all of us engineers get paid REALLY WELL because people sell software for us. Software is cheap relative to its value.

That's not at all clear, an it's its own can of worms.

A lot of software, even widely-used software, may as well have negative real value, because its perceived value is just an accounting trick. Any time you see software allowing someone to do something that required a specialist before, particularly in company setting, it's more than likely that the value is negative. Think e.g. everyone doing their own expenses. A company used to have a bunch of moderately paid jobs dedicated to doing that. Naturally, people doing those jobs quickly got very efficient at it. In comes software, those jobs get eliminated, and now you're having everyone - including all the absurdly highly paid engineers (software or otherwise) - having to semi-regularly (not regularly enough to get efficient at it) drop what they're doing and spend half a day or more on doing expenses. Productivity goes down across the board for obvious reasons. But, what the business sees, is a) legible savings on eliminated finance jobs, and b) mysterious "costs disease" that seems to be affecting the company (and market at large), keeping productivity below expectations.

Mysterious my ass.

Then, a lot of software is directly or indirectly serving adtech. This is where most of the high salaries in tech come from. Software is cheap and programmers are paid well because it's all funded by scamming everyday people and ruining their lives. That's a nearly inexhaustible money source. The actual value of all that software provides people, integrated over the entire society? Deeply in the negative.

Then, there's plenty of SaaS businesses that would be more ergonomic and efficient if replaced by an Excel spreadsheet. Those deliver negative value to customers almost by definition.

Etc.

Sure, there's some software that's delivering way more value than it costs. But there's much less of such software than people think.