[muzani]

I think the fallacy here is assuming that wages are set to be as low as possible.

There seems to be two types of employers - those who think it's prestigious to hire lots of staff and have huge offices, and those who think it's prestigious to make lots of profit with as few staff as possible.

Tech usually falls in the latter. There's also a hell lot of software that needs writing - many of us work good jobs and still "side project" on something. Job shortage won't be a thing any time soon.

It's also one thing where throwing more bodies at a problem might actually make the project slower. Everyone needs the highest quality they can get and have limited slots, much like a sports team. Every time Facebook hires a star engineer, that's one star engineer that isn't working for Snap.

So tech is already incentivized to pay as much as possible. Supply & demand as an economic concept just doesn't work with software.

[Eoan]

>Job shortage won't be a thing any time soon.

I guess you didn't see this: https://news.ycombinator.com/item?id=22331804