Re:Why there is a shortage of software developers?
by launchloop on Thursday December 28, 2023 @06:42AM
(#38792470)
Difficult to have a sensible conversation about “shortages” without also talking about prices.
As a contrived example - If I want to hire an expert to design a data center. If I offer to pay $1000 for the job, I probably won’t get any takers. Does that mean there is a shortage of talent in this market? Is it actually rational to demand or expect that society/government produce more data-center designers until the cost of their labor falls to my liking?
Some numbers we do have in the post are $8.5tn revenue at risk and 40m unfilled jobs. $8.5tn / 40m = $212.5k of revenue per job. And keep in mind that is claimed _revenue at risk_ not profits after paying salaries, benefits, and taxes.
As a contrived example - If I want to hire an expert to design a data center. If I offer to pay $1000 for the job, I probably won’t get any takers. Does that mean there is a shortage of talent in this market? Is it actually rational to demand or expect that society/government produce more data-center designers until the cost of their labor falls to my liking?
Some numbers we do have in the post are $8.5tn revenue at risk and 40m unfilled jobs. $8.5tn / 40m = $212.5k of revenue per job. And keep in mind that is claimed _revenue at risk_ not profits after paying salaries, benefits, and taxes.