It's partly the hedonic treadmill and partly that most of them are in a bubble. They only mix with people who earn as much as them or even more. It doesn't take long here on HN to see how out of touch some of them are with the wider world.
With remote work and easier access to the global talent pool, these salaries are bound to normalize across the board. Enjoy the ride while you can, my friends! :)
People have been telling me IT was a bad field to go into since I was in high school in the early 2000s. India and outsourcing is going to take your job, don’t go into IT.
Here I am years later in one of the best job markets for IT. IT related jobs are constantly in the top 3 for projected grown in the next decade or so. Yet, I still have to explain to older people who maybe worked in IT/Telecoms in the 90s that no India and the global market is not taking my job.
Actually, in-house IT is going away. I've seen many companies switching to a hybrid format with a skeleton IT crew and larger external managed service providers providing IT services. And many managed service providers do have a global teams. Can you link to the report about projected IT jobs growth?
Companies will always need a global presence especially the larger ones I’ve worked for. I’ve worked with people all over the world mostly the US, India, and EU/Europe.
The idea that you shouldn’t get into IT in the US is silly. Companies need global workforces and most American companies aren’t going to outsource everything. I worked for MSPs and interviewed with many last year. Yes SAAS and hybrid outsourced infra to MSPs is common, especially in Europe.
Article from Forbes specific to 2022 growth.[1] Healthcare and IT are usually the top 2 skilled worker areas with growth. I’ve seen Physician's Assistant and Software Engineer as the top 2 growth jobs for college grads.
