"At successful tech companies, engineering work is valued in proportion to how much money it makes the company" You would think that, but decades of experience have disproved that. Most of management, past first-gen if the company was founded by engineers, is non-technical. Most are (more or less) aware that somewhere technical engineering in software is needed, but they feel that as a threath rather than an asset. I…
Sure, to first order, and in the short term, engineering work is often valued more or less at random. The valuation is driven by factors that we can't predict (or that we would really rather not predict).
But to second order, and in the long term, engineering work is often valued according to whether it makes money. Often enough that it's worth paying attention to the article.