Earlier quoted context omitted.
I have thought something similar as well. If you have one Bill Gates and everyone else making $80k, then Bill Gates has a pretty low upper limit on consumption of scarce assets, and thus goods and services are not bid up. But when a larger and larger number of people make more than their peers, then you start to have a bidding war for scarce goods (ex: housing, education, etc). Hats what you have in the Bay Area. Mor…
Industries that have government heavily involved in (health care, education, housing) have seen huge runups in prices. Ones government is not involved in (such as software) have seen precipitous price declines.
Rise of the Creative Class Worked a Little Too Well
31–40 of 99 posts
Re: Rise of the Creative Class Worked a Little Too Well
#32Don't worry. Programming is becoming a blue collar job. Being an "electrician" in 1880 was a big deal, the high technology job of its day. By 1920 it was a union blue collar job. That's programming.
Lots of people make this claim with no evidence. It's understandable to feel insecure about future career prospects in our fast-changing industry, but honestly I'll believe it when I see it.
Yes, software developers will always be in demand. The profession stays but the people in it get quickly marked as obsolete and replaced by new people.
Re: Rise of the Creative Class Worked a Little Too Well
#33Earlier quoted context omitted.
I have thought something similar as well. If you have one Bill Gates and everyone else making $80k, then Bill Gates has a pretty low upper limit on consumption of scarce assets, and thus goods and services are not bid up. But when a larger and larger number of people make more than their peers, then you start to have a bidding war for scarce goods (ex: housing, education, etc). Hats what you have in the Bay Area. Mor…
Industries that have government heavily involved in (health care, education, housing) have seen huge runups in prices. Ones government is not involved in (such as software) have seen precipitous price declines.
Re: Rise of the Creative Class Worked a Little Too Well
#34Before industrialization, land that mattered was farmland. Then as industrialization took hold, urban land became more important as the grouping of people together allowed for economies of scale in manufacturing. But then the petrochemical revolution put things in reverse, as people could live anywhere and travel by car. Suddenly, open space was economically desirable, as it made more sense to build a factory in supe…
Google, Amazon (for example), are building large work centers in desirable places to work, which are raising the cost of living of everyone else in the town that may not have a six figure income. Google is moving to Boulder, CO as we speak; Denver was on the shortlist for Amazon. It's the same problem with kicking out artists in a dilapidated warehouse area, and moving in boring professionals to live in lofts built o…
Disclaimer: I work at Google, in Boulder.
Re: Rise of the Creative Class Worked a Little Too Well
#35Earlier quoted context omitted.
Lots of people make this claim with no evidence. It's understandable to feel insecure about future career prospects in our fast-changing industry, but honestly I'll believe it when I see it.
Apply for a job as a PHP programmer and see what you're offered.
Re: Rise of the Creative Class Worked a Little Too Well
#36Earlier quoted context omitted.
Could nt that happen to programming as well ?
I'm in the compiler business. Compilers handle an increasing amount of routine programming tasks, but programmers respond to that by making more complex programs, so the creative input needed by programmers is about the same.
Its not AI but it turns even complex projects into things that anyone can learn to do in months . I can't imagine this remaining so well paying in such circumstances.
Re: Rise of the Creative Class Worked a Little Too Well
#37Earlier quoted context omitted.
I have thought something similar as well. If you have one Bill Gates and everyone else making $80k, then Bill Gates has a pretty low upper limit on consumption of scarce assets, and thus goods and services are not bid up. But when a larger and larger number of people make more than their peers, then you start to have a bidding war for scarce goods (ex: housing, education, etc). Hats what you have in the Bay Area. Mor…
Industries that have government heavily involved in (health care, education, housing) have seen huge runups in prices. Ones government is not involved in (such as software) have seen precipitous price declines.
Re: Rise of the Creative Class Worked a Little Too Well
#38Earlier quoted context omitted.
Afaik electrician is still a solid blue collar job?
Electrician can be a very good blue collar job - if I hadn't gone to college, I'd have thought real hard about doing electrical in a trade school. I'd be sort of surprised to see it significantly automated any time in the near future, as well.
Re: Rise of the Creative Class Worked a Little Too Well
#39Earlier quoted context omitted.
Apply for a job as a PHP programmer and see what you're offered.
Actually, there is a quite a bit of jobs that require PHP considering the plethora of sites built on Drupal and WordPress. I guess it depends where you live.
Re: Rise of the Creative Class Worked a Little Too Well
#40Earlier quoted context omitted.
An electrician in 1880 did a lot of design work. One of 1920 (and today) does it by rote - they just follow canned rules and procedures already worked out. It's all coded into regulations, too, so there's little flexibility. An electrical engineer, on the other hand, does design work.
Could nt that happen to programming as well ?