Re:Snap’s Secret Weapon Speaks
by economix on Monday August 05, 2019 @01:08AM
(#20611435)
Show me the incentive, I’ll show you the outcome.
[ Parent
| on HN ]
Re:Snap’s Secret Weapon Speaks
by vaguesortof on Monday August 05, 2019 @05:16AM
(#20612555)
What does this mean exactly? I've seen this around and I don't quite get it . Is it a reference to something?
It's just a statement of orthodox economics; more people work on these things because they pay better. There's more money in advertising than difficult vague projects for the betterment of humanity.
Re:Snap’s Secret Weapon Speaks
by mattkrause on Monday August 05, 2019 @08:33AM
(#20613593)
To put some actual numbers on it, here are the NIH Postdoc salaries for 2019. https://www.bu.edu/researchsupport/2018/12/05/nih-announces-...
With a PhD + 7 years of experience, you make the princely sum of $61,308. Due to how research funding is structured, it is very difficult to negotiate a salary that's much above this. These jobs tend to cluster in expensive areas (Boston, NYC, California) too.