At present trajectory this is a reasonable outcome, in the case of a major correction saving your money will also mean you benefited from the bubble.
There used to be stories from the .com bubble of people who only knew a little html getting six figures. On being told this around ‘08 everyone would nod and think that it was ridiculous - after all fresh college grad backend engineers could be hired for just 30k at the time on the low end in the US.
Flash forward to today and we’d think a front end engineer or designer with technical knowledge for those rates would be a steal even after adjusting for inflation.
I don’t doubt techs impact, or that the big tech should be the most valuable companies in the world. But I would be surprised if software engineer became the highest paid profession on a permanent basis, which with current salary progressions is a given without a correction.
There used to be stories from the .com bubble of people who only knew a little html getting six figures. On being told this around ‘08 everyone would nod and think that it was ridiculous - after all fresh college grad backend engineers could be hired for just 30k at the time on the low end in the US.
Flash forward to today and we’d think a front end engineer or designer with technical knowledge for those rates would be a steal even after adjusting for inflation.
I don’t doubt techs impact, or that the big tech should be the most valuable companies in the world. But I would be surprised if software engineer became the highest paid profession on a permanent basis, which with current salary progressions is a given without a correction.