Not all jobs are worth the same amount.
Nannying is quite important but it is low skill (meaning supply of labor is high) and thus will probably command lower wages than semiconductor manufacturing.
Nannying is quite important but it is low skill (meaning supply of labor is high) and thus will probably command lower wages than semiconductor manufacturing.
Her sister isn’t installing HF lines, or clean room downdraft systems. Functional equivalent of flipping burgers.
My understanding is that for a while Intel was trying to only hire PhDs for running its tools, but found that the especially academic individuals had little interest in the statistical process control of wafer manufacturing. In high volume manufacturing, the core engineers are still chemical engineers with bachelors degrees.
Furthermore, with AI becoming increasingly sophisticated, we might see a seachange in developer salaries with only the most talented and valuable devs getting massive increases and all the rest being made redundant. Leading us back to the low skill/high supply problem.
Another thing I think in cloud with pre-packaged solution (not just individual pieces of sw/hw) for most common situations and metered billing, providers are going to take major chunks of IT budgets. It would be similar to past when hardware cost was high so developer would get lower portion of overall budget.
In my mind the era of on-prem systems, custom solutions with high paying FTE jobs is coming to an end. And the myth developers are kings is going to go away along with that.
Yeah, 1-2 per cent of total IT workforce working for cloud providers will be compensated well. Remaining 95% will be either short term gigs or low pay FTE jobs called Cloud Connectivity Developer II and so on.
People can "consider" anything they want. That doesn't mean it's accurate.
We can’t hope to distinguish the great nannies from the mediocre (or even harmful) until years or decades later. But we don’t even try.