A question I have is, what do you mean by “less”? Dan Luu is citing programmers making on the order of $250,000 to $300,000 total compensation, but as a programmers who has made his entire career outside of the Bay Area, I have never seen anywhere near compensation that high. What if the phenomenon is that salaries in the Bay Area are skewed upwards, perhaps due to the cost of housing? In that case, perhaps only programmers in the Bay Area need to worry, as tech firm expansion outside the Bay reduces salary growth, but programmers outside of the Bay will be relatively unaffected (and might even benefit, as demand in other markets increases).
I’m talking about the top end of the market, which is almost entirely in the US though not confined to the Bay Area: NYC, Boston, Seattle, etc have similarly high levels of programmer pay at high-paying companies. Ex: I’m in Boston and making ~370k.
So how much should a hypothetical programmer making, say, $120,000 a year worry? Another way of phrasing this question would be, do you expect the median programmer salary to decline or do you expect the variance to decline so that most programmers make about the same amount of money?
A question I have is, what do you mean by “less”? Dan Luu is citing programmers making on the order of $250,000 to $300,000 total compensation, but as a programmers who has made his entire career outside of the Bay Area, I have never seen anywhere near compensation that high. What if the phenomenon is that salaries in the Bay Area are skewed upwards, perhaps due to the cost of housing? In that case, perhaps only programmers in the Bay Area need to worry, as tech firm expansion outside the Bay reduces salary growth, but programmers outside of the Bay will be relatively unaffected (and might even benefit, as demand in other markets increases).
I’m talking about the top end of the market, which is almost entirely in the US though not confined to the Bay Area: NYC, Boston, Seattle, etc have similarly high levels of programmer pay at high-paying companies. Ex: I’m in Boston and making ~370k.
So how much should a hypothetical programmer making, say, $120,000 a year worry? Another way of phrasing this question would be, do you expect the median programmer salary to decline or do you expect the variance to decline so that most programmers make about the same amount of money?