[rr888]

Developers in their 20s are definitely overpaid. Whether this will continue will be interesting to see. Currently I see so many people trained in other fields becoming developers I'm almost worried about the future of the economy. Social Media, online retail, advertising - just how many people really can work in these fields?

So yeah I expect wages to crash in the next 10-20 years. I think most high earning young people now will likely find middle age much more expensive than they thought, esp if tech bubble never reflates, Bay Area housing falls in value and wages get cut.

The end goal for me is to find a nice niche and dont get greedy.

[DanUKs]

Agreed. The tech bubble will be difficult to pop but it will.

I don’t agree with developers being overpaid because the knowledge we need at a high level is ridiculous.

I do agree that there’s too much money in tech though.

Grab it whilst you can I guess.

[lezojeda]

>Developers in their 20s are definitely overpaid

Why?

[spacemanmatt]

The 5 or 10 years experience they might have is pretty thin unless they have had extremely good mentoring. It takes more than a senior project and a few years as a junior dev to be worth much. I consider junior devs incubation projects. Some of them turn out nicely.

[lezojeda]

But many people think they're worth that. I don't think there is an intrinsic "worth" for each developer, demand is high, supply is low, that's why salaries are high.

[spacemanmatt]

Well, I believe that as humans they are worth enough to eat, live, and enjoy life, at the very least, but from a surviving-in-capitalism perspective they can't pull their weight for a while in most cases. I'm not arguing against hiring and paying juniors a living wage, just noting that it takes a while and some diverse experience to get most of them over the hump, so to speak.

[akhmatova]

Compared to people who do useful stuff. Like you know, teachers, healthcare workers, etc.

[rr888]

Its beyond that now, they're often paid more than doctors, lawyers, pilots, managers, traders, professors, just about everyone.