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Re:Remote work is reshaping San Francisco, as tech workers f... by jonahbenton on Sunday August 16, 2020 @05:22PM (#24181444)
Not wrong, but only half right.

A very significant element of comp is about relationships, not skills or productivity or labor markets or other fictions people believe.

In-person relationships are infinitely stronger, on balance, than remote.

Remote talent will be cheaper than in-person talent, on balance, AND, in-person talent will always be comped better than remote.

The way work is structured as tech continues to change will also reflect relationships, and low-relationship roles will continue to see their comp reduced.

So, yes, the range of roles that can be comped less and are remote will grow, creating a much lower median. But in person relationship leverage will only get stronger.

Hope that helps.

Re:Remote work is reshaping San Francisco, as tech workers f... by rebelos on Sunday August 16, 2020 @09:52PM (#24183095)
This alludes to an important hidden economic downside of being remote: it's tantamount to stalling career progression in the long run.
Re:Remote work is reshaping San Francisco, as tech workers f... by jonahbenton on Sunday August 16, 2020 @09:59PM (#24183129)
To a first approximation, niches and margins aside, yes.