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by haliskerbas 106 days ago
Do the booming companies pay the same as the ones who did layoffs? If you're laid off from Meta or other top tier paying company (the behemoths doing layoffs) you might have a tough time matching your compensation.
2 comments

But do they need to? If a <role X> job at a top tier company making $600k is eliminated and two <role X> jobs at a "more average" company making $300k replace it; is that really a bad thing? Clearly, there's some details being glossed over, but "one job paying more than a person really needs" being replaced by "two jobs, each paying more than a person really needs" might just be good for society as a whole.
It doesn't seem too bad when you cherry pick an outlier example, but what about when the person making $100k now makes $50k?

I'm sure the retort of the AI optimist will be that AI will make the things that person buys cheaper, and there may be truth to that when it comes to things that people buy with disposable income...

But how likely is AI to make actual essentials like housing and food cheaper?

Are there that many people at top tier companies making 100k? I was under the impression that they were top tier because they paid really well.
There's likely going to be a separation between the top earners and the average.

IE. If a top tier dev make $1m today, they'll make $5m in the future. If the average makes $100k today, they'll maybe make $60k.

AI likely enables the best of the best to be much more productive while your average dev will see more productivity but less overall.

I think this is assuming that the labor market knows how to identify the dirct value of devs. This already seems to be a problem across the board regardless of job role.
I think solo founders or small software companies where top tier devs can have huge ownership will be making top dollar.
Can you give an example of what a solo founder might now make top dollar on that he previously couldn't?
I think a solo dev can make a $1b company whereas it was impossible before.
Yes I understand but so far I don't know what such a company could look like, or even in what industry it would be.