#IT18 Whom to blame for high software engineering salaries?
#IT, #Economy This article points out to a rarely considered reason that drives high-tech salaries up: corporate greed. This is a basic premise of Ayn Rand capitalism theory that individual greed (self-interest) produces a common good. How is self-interest of large corporations expressed today? One of the main forms is the pursuit of technology that allows to create products that can do more and that are easier to use. And therefore, to get ahead of the competition and get better profits. Makes sense, right? Right. But now let’s see the other side of it. Reminder about IQ Let’s refresh some background information that will be very useful for our further conversation on the topic. To be factual and not emotional we will need metrics. The metric we will use is IQ. It is well known that IQ is not the best metric to predict people’s success, however we are not talking about success, and for the matter, we will discuss, IQ is quite adequate tool. So, clearly you know that by IQ ( Intelligen...