Re:The AI bubble is popping; we just don't know it yet
by ido on Monday August 03, 2026 @09:04AM
(#49155269)
salary cost to the company is a lot higher than gross salary (which itself is a lot higher than net salary). you can guestimate total salary cost to be about 1.5x gross salary, so for the lower bound: 100k / 1.5 = $66,666.67 = €57,813.34.
€57-114k p.a. is well within the order of magnitude of yearly gross developer salaries in Western Europe (e.g. Germany).
Is this range just Silicon Valley or what is this? Even including just Europe, you're looking at a lower bracket of 10k. If you expand to the rest of the world... Or do you think rich cities in the USA, where developers make 100k+ per year, can alone sustain this industry?