Comment by fooker
1 month ago
> They are probably not that good for the society
I don't disagree, as in an abstract sense inequality is bad for society.
Try to understand why the US has high tech salaries though. It is because the last 40 years have made it pretty easy and convenient to start companies.
Hence, good employees always have great options or can just start their own companies.
> Try to understand why the US has high tech salaries though. It is because the last 40 years have made it pretty easy and convenient to start companies.
I thought this was because US trade and foreign policy coerced most of the world to open up their markets to high-margin American services via treaties. It's easy to pay high salaries when you're vacuuming money from around the world, and your product (software) has very low marginal cost of replication.