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by gymbeaux
927 days ago
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Software engineering today reminds me of how the 80s were with stock trading. Lots of money getting thrown around and blown on stupid shit, and then seemingly overnight the credit crisis tightens belts and computers make the trading floors of NYSE and others obsolete. They were getting paid stupid amounts of money because the work they did was making someone higher up EVEN STUPIDER amounts of money. Just like the tech industry today. Google SWEs make $300k/year because the CEO is making some comparable-to-their-level multiple of that. In this case, the shareholders are paying the SWEs through stock options because they speculate Google shares will appreciate even more. History will probably reward those who sold their GOOG when it vested. |
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