Superstar coders are raking it in. Others, not so much
19 points
by bdcs
15 hours ago
| 3 comments
| economist.com
| HN
garciasn
8 hours ago
[-]
From the article:

the top of the pay scale were elite ai labs such as Openai, as well as hedge funds such as Jane Street that are also betting heavily on machine learning. In this tier, median pay exceeded $400,000 a year. Below that were tech giants including Alphabet, Microsoft and, until recently, Meta, where median pay was closer to $300,000. Experienced developers at most other companies earn much less. Their median was around $180,000 (see chart 2).

—-

A median of 180K is mostly definitely raking it in compared to the median of all US employees.

I’m well over double the household median income in my metro area and while I don’t feel like I’m raking it in, I guess I am when compared to others.

This just seems like a silly article.

reply
leoqa
7 hours ago
[-]
I’ve been making over $500k a year since 2020 working fully remote; everyone I know with 7+ YOE at big tech or unicorns is also making 500k TC which often appreciates to ~700k+ with the current market.

We’re just writing dumb gRPC services that use Postgres. I work probably 30 hours a week and still get awards, bonuses etc.

reply
ycombinatornews
4 hours ago
[-]
Offtopic - what kind of unicorns now hire fully remote people with that experience?
reply
mixmastamyk
3 hours ago
[-]
Do tell, I’m very good at my job and can’t get an interview. :-D
reply
VirusNewbie
7 hours ago
[-]
Microsoft really getting lucky with being grouped in with FAANG in this article, but everything I've read says they pay far lower than most top tier tech companies, no?

It's certainly true by comparing "senior" at G/Amazon/Apple to Microsoft, but is there level skew that compensates for this?

reply
ashdksnndck
59 minutes ago
[-]
Combine the level skew with stock appreciation and high employee count, and there are a lot of Microsoft engineers raking in that kind of money. So lots of people think of it as competitive even if there are also many working there for less.
reply
bgwalter
9 hours ago
[-]
The rest of us non-AI-whizzes combined literally wrote 100% of the functioning open source code that the AI-whizzes steal and transform to an inferior product using Rube Goldberg agent setups.
reply
NewsaHackO
7 hours ago
[-]
Us? Exactly how much functioning open source code did you contribute? Something tells me is less than the majority of the AI whizzes
reply
bookofjoe
9 hours ago
[-]
reply