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by darth_avocado 310 days ago
> So the first programmer is worth 20x their salary, the 20th is worth 1.01x their salary.

> If most programmers are in the second bucket, then suddenly there's _much_ more stuff that can be built (and money made) per-programmer. So businesses will be incentivized to hire many more programmers.

How do these two reconcile? If hiring more programmers is diminishing returns, why would a business hire more?

1 comments

Because you've moved the frontier of who's making you money out. Now the 20th programmer is still worth 5x their salary, and you hire up to the 30th programmer to hit 1.01.