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systemf_omega

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You say "stuck at (1)" as if most people actually desire this kind of wealth and are trying to become entrepreneurs.

The simple truth is that many people don't want to step into that kind of intensity and uncertainty, or lack the skills to succeed in a cutthroat industry.

The idea that founders are somehow "cheating" is hilarious to me. Anyone in the developed world can easily become a founder, why don't you try it?

Using this stuff well is a deep topic.

Just like the stuff LLMs are being used for today. Why wouldn't "using LLMs well" be not just one of the many things LLMs will simplify too?

Or do you believe your type of knowledge is somehow special and is resistant to being vastly simplified or even made obsolete by AI?

What I don't understand about this whole "get on board the AI train or get left behind" narrative, what advantage does an early adopter have for AI tools?

The way I see it, I can just start using AI once they get good enough for my type of work. Until then I'm continuing to learn instead of letting my brain atrophy.

Many people working in these companies are as rank-and-file as it gets. Non existent public profile, no open source contributions, no flashy portfolio.

Not really in the same category as Carmack

That's what bottom-tier companies always tell me. Last decade it used to be outsourcing. I was getting low balled left and right with phrases like "I can pay a guy from Asia a lot less for the same work".

Now it's LLMs. Same old.

You don't have to be a star programmer, fame isn't the only form of leverage.

If you're in demand, and you're good at what you do, the road is paved for you. Top companies have already set the bar.

Them: we offer 250k-350k

Me: I don't consider anything below 500

The answers I get vary. Some tell me to politely fvck off. Some tell me they need to discuss with leadership. Some just go for it because they know how hard it is to fill that role.

The justification is simple: why would I take a job with you if I can land an HFT gig at twice the pay?

If you want equalized poverty, feel free to move to the EU. Say goodbye to owning a nice house, or building any kind of wealth - that's reserved for the old money class.

In the US, software is one of the few remaining ways to achieve the American dream. I came to this country to work hard and earn money.

Disagree, some of the EU clouds are already well on their way.

Feel free to drop a few links. Digital EU projects tend to be absolute disasters run by bureaucrats. They always result in some 100 page long document, talking about planning a plan for creating a planning framework. Also throw in the words sovereign and digital transformation, for maximum corpo-political bullshit.

Privacy rights in the EU are being eroded as we speak. Unless people there get off their high horse, they'll succumb to the same level of authoritarianism and surveillance as in the states.

Also, sorry, but the idea that EU countries are in any position to build a serious hyperscaler is pure fiction. Growth, funding, risk, innovation - those are alien concepts to European entrepreneurs.

Average or poorer person in the US does not get to choose where they retire either.

I've already addressed this in another thread. We're talking about brain drain. That means we are talking about highly skilled professionals for in-demand fields that can easily get this level of pay.

A skilled senior SWE can very realistically demand $300k+ comp in US tech companies. In the startup space $150k + equity has become table stakes, and their hiring bar is often significantly lower. These are not anomalies, tech companies employ hundreds of thousands of engineers.

You guys think everyone wants the same as you do, but it really isn’t like that.

Ok, so tell me, what are things people want? Because people in the aforementioned circles can retire in their 30s, and spend the rest of their lives traveling the world, taking care of their family, and pursing their passions without worries. Is that somehow controversial?

Money buys you freedom to live you life anywhere you want, and do whatever you want. Do you think grinding away for low pay until your mid 60s, only to end up facing a collapsing pension system in your final years with little savings is the best way to spend your time on earth?

Also how can a person that hasn't experienced the economic freedom the US provides to top talent accurately judge if their country of choice is better? I would like to see the statistics on SWEs that got wealthy in America, that regret moving to the states and would prefer to revert all those years.

(I've lived in Europe for most of my life by the way. Lots of good places to retire, but mostly poor choices for spending my productive years there.)

But how does the quality of life of everybody below the median look like?

This discussion is about whether or not the US is a top brain drain destination. That means we're talking about exceptionally skilled or promising scientists/engineers/doctors at the top of their field. I'm not claiming life is great for everyone in America. I agree it isn't.

But what does that buy you really, in a high cost of living area?

Look at the PPP in CA. It buys you a lot. People in HCOL cities that manage their finances well can become multi-millionaires in their early 30s. They will already be able to retire in 99% of the world, with enough savings to lead incredibly comfortable and luxurious lives. Meanwhile, people in Europe have on average lower assets and savings, low levels of home ownership, and lower likelihood to retire early at a comparable standard of living. Not to mention the pension crisis many of them are or will be facing in the near future.

This has been done before, and America comes out consistently on top. Even the median purchasing power parity (PPP) in the US is frequently ranked highest in the world. The majority of American households in the poorest US states are doing better than the majority of Europeans.

This gets amplified if you're a highly sought after professional. Top senior engineers are getting paid $500k-$1M in the US. These are figures you'll never find in Europe or Asia, not even close. Put on top the rising costs of living, and 45% top tax brackets (France, UK, Germany, Spain), the US is incomparable.