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Re:Economists are revising their views on robots and jobs by geodel on Tuesday January 25, 2022 @08:47PM (#30080630)
> Modern languages and tools have made programming much more productive, and now there are lots more programmers and they get paid more.

Well not really. Computer industry pay is increasingly becoming bi-modal at least for a decade. The highly paid programmer is just a US phenomenon and that too in few major IT hubs.

There are lot of programers/IT admins who would make pretty decent money in late 90s to 2000s. And they make less than they were 20 years ago and yes all hadoop/big data training did not really make any better paid.

Inflation adjusted IT salaries have gone down in lot of places in the world. Of course 1 percenters of IT in FAANG+ make it sound like IT salaries are going up heavily for everyone.

Re:Economists are revising their views on robots and jobs by sofixa on Tuesday January 25, 2022 @09:07PM (#30080777)
> The highly paid programmer is just a US phenomenon and that too in few major IT hubs.

That's simply not true. Programmers around the EU are among the best paid professionals in their local markets, even more so for young people (out of college/school/university). The salaries are far away from Silicon Valley levels, but are still very high locally.

Re:Economists are revising their views on robots and jobs by paganel on Wednesday January 26, 2022 @02:21AM (#30082756)
I'd say it depends on the EU markets. I have the feeling that IT professionals from Eastern Europe (I'm from there) are a lot better paid, comparatively speaking, to IT professionals from many other Western countries (with the focus on "comparatively").

I've heard from a lot of my colleagues that they couldn't afford to have the same lifestyle in an Western capital city with equivalent IT salaries. I know I wouldn't be able to rent in downtown Amsterdam, Paris or Milano with my equivalent IT earnings were I to live in those cities the same way I now do in Bucharest.

Re:Economists are revising their views on robots and jobs by ChuckNorris89 on Wednesday January 26, 2022 @03:49AM (#30083251)
>I'd say it depends on the EU markets. I have the feeling that IT professionals from Eastern Europe (I'm from there) are a lot better paid, comparatively speaking, to IT professionals from many other Western countries (with the focus on "comparatively").

It's true. Unless you work for a FAANG, or some Fin-Tech or a unicorn flush with cash, dev wages in Western EU are not higher than Eastern EU anymore.

I know devs in Poland and Romania making way more than me and some friends do in Austria/France/Belgium.

It's because of huge amount of outsourcing from US companies moving directly to Eastern EU, pushing the wages higher than what Western EU based companies can offer locally, coupled with the higher taxes in the Western countries, meaning devs in the West taking home lower wages than their counterparts in the East.

Someone here said it well, but I don't have the original post to quote anymore: {a cleaner in Sweden makes way more than a cleaner in Poland, but a dev in Poland can end up making as much or more than a dev in Sweden}. That's whack but that's the reality of supply and demand caused by the bleed from the US tech boom to certain regions.

Re:Economists are revising their views on robots and jobs by jacquesm on Wednesday January 26, 2022 @02:48AM (#30082910)
I wouldn't be able to rent - or buy - in Amsterdam either even though I was born there and lived there for half my life. The prices there are simply insane. It's ok with me because I wouldn't want to either but between AirBNB, businesses using residential real estate as fancy offices (half the inner circle of the canals is like that now), the crime and the tourists you probably would have to pay me to live in Amsterdam.
Re:Economists are revising their views on robots and jobs by zingar on Wednesday January 26, 2022 @05:49AM (#30083948)
Having visited Amsterdam, but mostly the tourist bits, I'm curious: where do reasonably paid tech professionals live in that city? Can you give me some examples of areas to look up?
Re:Economists are revising their views on robots and jobs by jacquesm on Wednesday January 26, 2022 @09:46AM (#30086014)
Amstelveen, de Pijp, Overtoom and surroundings, the nicer parts of East and West.
Re:Economists are revising their views on robots and jobs by ChuckNorris89 on Wednesday January 26, 2022 @03:46AM (#30083235)
> Programmers around the EU are among the best paid professionals in their local markets,

That's not really true. I live in Austria and many more skilled professions earn better than most devs here as the local SW industry sucks, almost no product-based companies and a market overabundant with talent.

I'm sure in hot markets with plenty of product based companies like London, Berlin, Amsterdam or Eastern Europe the situation is better.

Re:Economists are revising their views on robots and jobs by TulliusCicero on Tuesday January 25, 2022 @09:30PM (#30080933)
Think this depends on market. Sure, salaries in Germany are decent to good, but Italy? Ehhhhh.
Re:Economists are revising their views on robots and jobs by sofixa on Tuesday January 25, 2022 @11:20PM (#30081652)
According to some sources online, the average salary for a junior developer in Italy is around 24k[0]. Indeed that isn't a lot, however it's not that much below the average salary in most regions [1]. Furthermore, in a per type of job, IT and tech are the highest paid bar "management" and "top management"[2].

0 - https://www.payscale.com/research/IT/Job=Junior_Software_Eng...

1 - https://www.statista.com/statistics/708972/average-annual-no...

2 - https://www.paylab.com/it/salaryinfo

Re:Economists are revising their views on robots and jobs by TulliusCicero on Tuesday January 25, 2022 @11:33PM (#30081755)
I guess it depends on what you define as 'highly paid', which is what you were originally discussing. More senior developers making 35-40k EUR doesn't sound 'highly paid' to me, even though yes, the local market isn't as strong. High-er, certainly, but it's not far above the GDP per capita for Italy as a whole.

The thing about management is what I've heard Italian devs complain about (and it's a common complaint is tech-weaker countries), that to get decent money you have to transition to management, whereas countries with stronger tech sectors like the US have more companies that let engineers continue to grow as engineers (or architects).

Re:Economists are revising their views on robots and jobs by sofixa on Tuesday January 25, 2022 @11:47PM (#30081845)
> Programmers around the EU are among the best paid professionals in their local markets, even more so for young people (out of college/school/university). The salaries are far away from Silicon Valley levels, but are still very high locally.

Was my original comment and point. Salaries for tech are very good for the local markets, even if they might be considered low compared to other markets.

Re:Economists are revising their views on robots and jobs by TulliusCicero on Wednesday January 26, 2022 @12:02AM (#30081944)
You said they're "very high" locally, which doesn't appear to be the case. "Slightly above GDP per capita" just isn't very high. If everyone in one country makes 40k EUR except for one dude who makes 40,001 EUR, he has the highest income in the country, but his income still isn't very high at all.

Of course, part of this may be that the wage spectrum as a whole is compressed compared to the US, but that's an explanation, not a contradiction.

Re:Economists are revising their views on robots and jobs by dragonwriter on Wednesday January 26, 2022 @12:10AM (#30082001)
> "Slightly above GDP per capita" just isn't very high.

Yes, it is in any capitalist economy, because income distribution isn't normal. In the US, for instance, per capita GDP is about $64k, but median personal income is a little over $35k, and median pay of a full-time worker income, annualized, is just under $45k. An individual worker making just over the per capita GDP is doing quite well.

Re:Economists are revising their views on robots and jobs by TulliusCicero on Wednesday January 26, 2022 @03:47AM (#30083242)
In the US, the median software dev comp is more like 2x GDP per capita though. The BLS says 110k for devs + QA testers median salary, and IIRC that doesn’t factor in stock.
Re:Economists are revising their views on robots and jobs by cowl on Wednesday January 26, 2022 @05:00AM (#30083637)
> that to get decent money you have to transition to management

This is the main Problem. Technical excellence is not valued and rewarded enough. The best Engineers get promoted to Mediocre managers because that's the only way to move forward. The result is an economy focused on micromanaging for small gains instead of innovation for big gains.

Re:Economists are revising their views on robots and jobs by paganel on Wednesday January 26, 2022 @02:24AM (#30082768)
I'd say 40k EUR isn't high for someone living in Milano (Italy's main tech hub), for example, it's decent, but not high. The cost of housing is what gets you.
Re:Economists are revising their views on robots and jobs by ecdouvhr on Wednesday January 26, 2022 @01:08AM (#30082341)
Yeah, and that's why lots of IT jobs are outsourced to Eastern Europe; why pay 70k€ per year for people doing devops in the Nordics, Germany or the Benelux countries, when you can get a Romanian to do it for 20k€?.

The situation in the EU is the same as in the US, and outside the local hubs, wages are lower.

Re:Economists are revising their views on robots and jobs by barry-cotter on Tuesday January 25, 2022 @10:28PM (#30081311)
I really doubt this. Programming doesn’t have the kind of cartel dynamics mixed with prestige obsession that resulted in dualists labor markets. It doesn’t have licensing based on credentials that have no effect on how well you do your job like K12 teaching, nor is it remotely as prestige obsessed as law firms.

Any evidence?

Re:Economists are revising their views on robots and jobs by TulliusCicero on Tuesday January 25, 2022 @09:29PM (#30080931)
> Computer industry pay is increasingly becoming bi-modal at least for a decade.

Source?