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It's not a zero-sum game. Increased wages for engineers would encourage more people to become engineers.


Or to remain engineers, or to get BACK into engineering without taking a pay-cut. It would increase the supply of good engineers immediately. But I don't disagree with pg; I think we should hire all the greatest engineers in the world, except for the fact that we cannot identify them.


This. Wall Street is full of near-geniuses who would be doing something more productive if finance companies weren't the ones offering the biggest salaries.


In the long run. IIRC labor supply is a lagging indicator, so in the short run (e.g. 1-2 years) it would be a bit closer to a zero-sum game.


It feels like it's been zero-sum for a very long time.




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