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by derf_
147 days ago
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All of those are true, yet the US's (PPP-adjusted) per capita GDP was over 37% higher than the EU's in 2024 [0], and GDP growth has significantly outpaced the EU for years. Basically, whenever there was a choice between anything and economic growth, the US chose growth. Other places made different choices. You can argue about which choices were better, and how the results are distributed, but the difference in salaries for most people using this site are even more stark. [0] https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locat... |
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I wouldn't bank too much on those high salaries for U.S. tech workers. The U.S. tech industry has been in a contraction since the post-COVID hiring boom: https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE
As AI tooling improves, tech workers are finding their opportunities for high-paying prosperity fizzle out. Non-AI tech jobs are going the way of the rust belt and most tech professionals have seen their pay flatten. https://www.itbrew.com/stories/2024/02/05/tech-salaries-stag...