Comments by "Vitaly L" (@vitalyl1327) on "The (Overdue) Collapse Of Big Tech Salaries" video.

Startups depend on high quality employees far more than larger and more stable companies, so they have to be able to attract the most experienced and high valued people. Meaning, they have to compete with the top of the market (e.g., finance), not with the market average.
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This would have been fantastic. The talent drain towards the overheated sectors (such as finance) is detrimental to the development of the rest of the industry.
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@fr5229 Engineers are massively overpaid. And for the most honest of us this evident inefficiency is painful.
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R&D is, and always was, and always will be a cost centre. It does not create value directly. All those "bankers and traders" are essential for turning R&D output (in fact, tiny fractions of it) into a value.
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Productivity never grew up sufficiently to cover the overblown incomes of 50s-60s, so it is very much a correction of the past unfairness. Most people are still hugely overpaid.
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@Dr.Beetlejuice110 you're absolutely right, but I would not expect a long overdue correction of obscene salaries of the coders to result in increase of incomes of the true essential workers, sadly.
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