Re:Japanese yen weakens to 160 against the USD since 1990
by bmoxb on Monday April 29, 2024 @06:39AM
(#40196667)
The multiplier is roughly the same even if the dev in London is working at the exact same company as the one in SV.
Re:Japanese yen weakens to 160 against the USD since 1990
by JumpCrisscross on Monday April 29, 2024 @09:43AM
(#40198251)
> multiplier is roughly the same even if the dev in London is working at the exact same company as the one in SV
Sure. Because they’re doing different work, in proximity to different people and different resources, within different economic contexts. A developer in Silicon Valley is fundamentally more productive than one in London, in part solely by virtue of being in Silicon Valley. (Not true at the individual level, of course. But statistically, of course.)
Re:Japanese yen weakens to 160 against the USD since 1990
by mrtksn on Monday April 29, 2024 @09:56AM
(#40198396)
Yes, the setting is different but its different because people can't just go around and work wherever they find employment because there's artificial barrier called nationality and visa.
I mean, yes, writing the same line of code at Google, Uber or OpenAI is more valuable than doing so at a British neobank.
You're correct in productivity being a nefarious beast to measure. But the examples given--extending the life of a high-GDP-per-capita person or doing identical work in dramatically different contexts--aren't making your point.