Earlier quoted context omitted.
It's generalizable and something I'm confused they don't teach kids in career counseling. Max(salary) = unit_value * number_of_units_impacted Software generates a high ceiling because number of units impacted can be huge, so unit value can be low. In contrast, you can only pay teachers / doctors / firefighters / police officers so much, because their number of units impacted has a fundamental cap (the number of peopl…
Congratulations. You just discovered the Baumol effect: https://en.wikipedia.org/wiki/Baumol%27s_cost_disease
It seems like non-software folks are getting paid the same, leading to wider inequality.