Electrical engineers on the brink of extinction threaten entire tech ecosystems
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Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#32Earlier quoted context omitted.
Profit margin. It's all profit margin. Software is reliably >25%, where physical manufacturing is in the single digits.
But the question is why? Shouldn’t there be the same race to single digit margins in software as well?
It's my suspicion that eventually software engineers will be paid the same as copy writers and scientists. But not yet.
Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#33I loved tinkering with electronics when I was younger - still do to a smaller degree. I built my first computer by fixing some blown capacitors on a motherboard I found in the trash. Back in the day, lots of products came with schematics, now you might get a lawsuit if you dare to take something apart. It was way easier to take apart and tweak through hole components too - now everything is surface mount or on chip a…
I find SMT easier than through-hole. And I say B.S. to your line of "rewire a stereo to broadcast instead of receive". There's very little commonality between a stereo and a Transmitter. Whatever, there are still thousands of Hams building Transmitters.
Here is someone else doing it as well: https://m.youtube.com/watch?time_continue=27&v=AudEdHpXTi4&f...
Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#34I loved tinkering with electronics when I was younger - still do to a smaller degree. I built my first computer by fixing some blown capacitors on a motherboard I found in the trash. Back in the day, lots of products came with schematics, now you might get a lawsuit if you dare to take something apart. It was way easier to take apart and tweak through hole components too - now everything is surface mount or on chip a…
Surface mount isn't that big of a deal. A cheap hot air gun, a soldering iron, flux, and some solder paste are all you need to work with most BGAs, QFN, and other modern packages. PCB prototype manufacturing has never been cheaper thanks to companies like JLCPCB. With all the fantastic learning material on YouTube, open source tools like KiCad, and inexpensive chinese test equipment, the kids these days can do WAY mo…
Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#35Earlier quoted context omitted.
Profit margin. It's all profit margin. Software is reliably >25%, where physical manufacturing is in the single digits.
But the question is why? Shouldn’t there be the same race to single digit margins in software as well?
Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#36Given that, it sounds like students are making a rational economic choice to avoid an underpaid profession.
Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#37Earlier quoted context omitted.
But the question is why? Shouldn’t there be the same race to single digit margins in software as well?
I think you're right. It's my suspicion that eventually software engineers will be paid the same as copy writers and scientists. But not yet.
-Indeed average copywriter annual pay [0] is $54,998 USD, versus a staff scientist's [1] at $69,091 USD
-BLS median copywriter pay for 2021 [2] was $69,510 USD, versus a medical scientist's [3] at $95,310 USD
I'm surprised that the median annual salary difference is only roughly $15,000 to $25,000 USD in favor of working as a scientist, considering the additional years doing a Master's/PhD, whereas copywriter jobs often don't need even a Bachelor's. In addition, I would've guessed that the median copywriter salary would have been far lower, as my perception was that there is a far greater supply of candidates for copywriter jobs than scientist jobs in the US (maybe this is offset by fewer scientist positions?). Alternatively, maybe the numbers are missing important contextual information in some way.
[0] https://www.indeed.com/career/copywriter/salaries
[1] https://www.indeed.com/career/staff-scientist/salaries
[2] https://www.bls.gov/ooh/media-and-communication/writers-and-...
[3] https://www.bls.gov/ooh/life-physical-and-social-science/med...
Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#38Re: Electrical engineers on the brink of extinction threaten entire tech ecosystems
#39I moved into IT from "formal" engineering and its always frustrated me that a job that involves working on extremely expensive engines using upper level college math gets paid almost nothing compared to people who change colors on a webpage every once in a while. I've been on floors where multi-million dollar pieces of equipment are used to produce parts with obscene levels of precision being used by expert machinist…
ZIRP, and the VC ecosystem, FAANG stock bubble, EBITDA-creative accounted IPOs, etc. that grew up around it, are a helluva an alphabet soup:
> why do companies do mental gymnastics to call themselves a tech company. It’s because venture as an asset class traditionally invested in technology because that is what presented the growth and return characteristics that matched their risk profile. So you try to call a desk rental or mattress seller a tech company.
> Then, for the companies that attracted the money had to spend it. Salaries inflate. Cultures change. Consumers are subsidized. Sure, some technology is created, but overall, nothing operates as it would without that thirsty capital. It changes the economics for competitors that do not welcome in the dollars.