[sublinear]

> Many people would rather take a career that grows a few percent every year for four decades

That's exactly what the corporate IT world has always been once you leave SV.

Paying about 10M/yr for a team of 50 people makes perfect sense. It doesn't really make a dent in payroll to keep daily operations going while their people get paid competitively to work from home in an affordable suburb.

In this world, AI is not a threat. It just auto-transcribes meeting notes and sucks at code review. There's very little to delegate to AI because everyone is maintaining services that have to stay in prod for years if not decades. You wouldn't replace them in the same way you wouldn't replace your lawyers and accountants.