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A comment on High Salaries Are Weapons in the AI Talent War. Parent comment

Re:High Salaries Are Weapons in the AI Talent War by ransom1538 on Tuesday February 13, 2018 @12:27PM (#16368874)
Haha. $20/hr plumbers hilarious. I am sure you can't, but please provide a link to this source.
[ Parent | on HN ]
Re:High Salaries Are Weapons in the AI Talent War by throwawayjava on Tuesday February 13, 2018 @12:29PM (#16368892)
https://www.payscale.com/research/US/Job=Plumber/Hourly_Rate

https://money.usnews.com/careers/best-jobs/plumber/salary

When the data disagrees with your mental model, consider re-evaluating your mental model.

The amount a client pays per hour for labor != the takehome pay of the person whose time you're ostensibly being charged for.

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Re:High Salaries Are Weapons in the AI Talent War by ransom1538 on Tuesday February 13, 2018 @12:32PM (#16368915)
*Thanks for the link. So my last plumbing job should have been $10!!! (Not 290$!!).
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Re:High Salaries Are Weapons in the AI Talent War by throwawayjava on Tuesday February 13, 2018 @12:33PM (#16368930)
That's not how labor-intensive businesses work. Again, The amount a client pays per hour for labor != the takehome pay of the person whose time you're ostensibly being charged for.

Revenue is not profit, and "price per hour for labor" != "hourly rate I pay my laborers". This is even true in owner-operator businesses. Furthermore, in bursty markets, "annual income amortized over career" != "my hourly rate multiplied by 40-60 multiplied by the number of weeks I want to work".

The numbers from my links are INCOME, not "what the business charged the client".

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