Yeah, my read is that the teenage hacker confronted with this ridiculous payslip sees two ways forward: accept the pay cut for the CV benefit of working with bug bounties, or get a bit better at hiding your ass and make them really pay.
If I were 16, I’d be thinking I just made an obscene amount of money ($4,000!) messing with computers for fun, and got to meet people at a famous company.
That’s a free car. Free computer. Uber eats for months.
And my status with my peers as a hacker would be cemented.
I get that bounty amounts are low vs SE salary, but that’s not at all how my 16yo self would see it.
I hope I'm not assuming too much but I'm really hope the up and coming hacker is smart enough to know that his work was worth more than $4,000. That's 1-2% of an annual SE salary for someone with similar skillset.
I mean, as a hiring manager, a fresh grad with multiple bug bounties tells me a lot about their drive and skill, so I'd agree. It's a great differentiator.
If there's no better growth story probably people have already trimmed for short term gains.
In some ways the technology companies, which such large growth, are their own consumers.
Unless they feel pressure from another growth story or a technical monetary effect, and I emphasize story because its about future returns, its unlikely.
Additionally this has grown so quickly that there is amazing talent being applied to these problems, its hard to imagine every good person has been sufficiently compensated that progress will stall.
There’s certainly a business case for “which nines” after the talk of n nines. You ideally want to be available when your competitor, for instance, is not.