Granted, the cost of living is significantly lower in most cities here than it is in the bay area, but still it just feels... weird.
Edit: Fixed a typo.
Granted, the cost of living is significantly lower in most cities here than it is in the bay area, but still it just feels... weird.
Edit: Fixed a typo.
At least in the UK this seems like a cultural thing where management is high status/high value and engineers are low status/low value.
I think the US generally gets this right (at least in silicon valley), but it could partly be because the US has some extremely valuable software companies that operate on a global stage that aren't really present elsewhere.
Really great software engineers can generate insane value at a great company with a good business.
It's just stupid nonsense like "writing spreadsheets for the local government" and minor web development. In tech, it really is US vs. ROW
But let's assume for a second that the only relevant companies are US-based. A lot of them also hire in other countries and it is my understanding that compensation isn't what it is in the US either.
I’m not 100% sure - I have less insight into this.
American companies also have offices all over the world. For example, Google have several offices in Africa. This does however not mean that Ghana has a booming tech industry, it just means that sometimes you need domestic offices for minor regulatory reasons.
DeepMind was also founded in the UK and later bought by Google. Their HQ remains in London.
DeepL, who are providing a much better translation product than Google or Microsoft by many accounts, are a German company.
Spotify, which I'm sure needs no explanation, is a Swedish company.
While it is certainly true that the US pays better, I think you need to re-evaluate your position that noone else is creating good or valuable products.
Plenty of tech companies in Europe either way; you just don't know about them. Do you think Europe is some poor underdeveloped continent with uneducated people who can only "write spreadsheets?" What a patronizing comment.
Europe has some companies with IT departments, some American companies with European offices, and some no-name consultancies (which are often US-owned). The indigenous European tech industry is a complete joke, since there is hardly any of it.
A normal programmer in Europe earns maybe $2-4k per month, or $24-48k per year. For context, the American poverty line for a family of four is $24.3k, so they are earning about $21/month above the poverty line.
A normal programmer in the USA earns maybe $100k per year, and up to $300-400k if they work at a big company. In Europe, the CEO of an ostensibly big company might earn $300-400k. It's an utter joke.
That I haven't heard of the alleged European tech companies just goes to show my point. DeepL, what the hell is that? Spotify is somewhat larger-scale web development, but still just a Mickey Mouse startup. The NYSE couldn't even get their flag right! The other two (relatively serious companies) are located in the UK, which is slated to leave the European Union soon.
Is this because of some perceived notion of cultural differences? Because if we're starting to draw lines based on that we probably need to divide mainland Europe into a bunch of separate parts as well.
In my experience, this is mostly done in sentences like "In Europe something or another is allowed/forbidden/... (by law)", but I can definitely see where you're coming from.