Earlier quoted context omitted.
> This is all on top of the fact that engineers are woefully underpaid. I have finance friends that make literal millions in yearly bonuses. This is virtually unheard of in software, even though we provide orders of magnitude more value. That doesn't necessarily mean engineers are woefully underpaid. It may just be that your finance friends are obscenely overpaid. Though whether all/most engineers provide "orders of…
> Some of the highest-paid engineers, AIUI, devote their considerable expertise to optimising ad click rates. I worked on an ad product with a team of 10 or so data scientists + engineers. I'd wager most of us made between 100k-175k + some tiny bonuses here and there. The product we built was making the company $2.5 million a month . But hey we all got some cool jackets and a pat on the back. Give me a break. Money t…
if you buy that, it's no surprise that many software engineers (albeit not necessary ultra professional ones) are willing to give away their labor for free to the world, on the internet, in their (spare?) time. to them, it's just a fulfilling use of time, and that it may be valuable on its own or on behalf of capital, isn't really a big deal.
it should also be no surprise, then, that despite potentially automating away entire industries (e.g. transportation) whose proceeds will ostensibly go to those deploying the labor of the engineers, they're perfectly willing to settle in for a "good salary", "cool perks", "comfortable lifestyle", and, most importantly, being fed very difficult problems to hack on. as long as the SWE isn't too bored or too uncomfortable, i think they'd continue to plow ahead, even if their employers stand to gain $Billions from whatever they're doing.