You could get rid of "in Hollywood" and this sentence is still accurate.
Being better paid than the lowest of people doesn't make you well compensated. People need to stop making this a rat race and considering pay only by who they make more than.
If Apple devs had the same revenue sharing agreement the NBA players do and received a similar share of Apple’s revenue, the median pay would be around $600k. That’s just the median, think about that.
Just because engineers are well-compensated compared to the rest of the economy doesn’t mean that we can’t benefit from organized labor.
I’d expect the latter to be much harder to replace than that.