[MrBuddyCasino]

> The demand for software is so high.

What is interesting in these kinds of discussions is that intuitively, nobody really beliefs in the law of supply & demand. On an emotional level, people always think that effort and difficulty should be rewarded on their own - which is actually correct from a social and ethical POV, and yet:

markets are markets operating under the iron law of supply and demand.

[cityofdelusion]

It is more intuitive if you spend more time in academia / higher education. Even around me, with a bunch of mid-lower tier schools, PhDs and masters are being pumped out semester after semester in very niche areas. In all my time searching through job boards, I've probably seen a tiny handful of chip design jobs compared to the absolute boat load of things like more generalized engineers, business analysts, financial/accounting, and so on.

[MrBuddyCasino]

> It is more intuitive if you spend more time in academia / higher education.

And this is precisely why credentialism and large parts of academia must go. The incentives are perverse.

[SAI_Peregrinus]

Yep, just because something is difficult doesn't mean it's valuable. E.g. a lot of art is extremely difficult to create but not desired by anyone other than the artist. The value is not proportional to the difficulty.

Likewise just because something is potentially worthwhile doesn't mean it's valuable in a specific instance. E.g. drinking water is required for survival and thus extremely worthwhile, but so cheap that restaurants give it away for free when you order anything else.