this post was submitted on 28 Aug 2024
2 points (100.0% liked)
Technology
59587 readers
3117 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes, the article makes the point that Signal needs to compete for talent with the rest of Silicon Valley. I get that. And we've all heard about the nearly unfathomable amounts of money that tech companies throw around. When you break it down to individual salaries, though, and see that even normal people in normal jobs are making a million dollars a year between salary and stock... well, I think it really exposes the spectacular wealth inequality that we have allowed to fester. I mean, sure, shelter costs may be high in Silicon Valley, but the cost of other goods remain about the same. A $50,000 truck that an average person in Nebraska might have to save for years to afford is barely a rounding error for folks making a million a year. I'm no economist, but it does seem like there are consequences for this kind of ever-growing wealth inequality.
It is also absurd on its face for a multi-millionaire developer to place a "Donate Now" button in an app and talk about being a non-profit to tug at the heart strings of people who make one-tenth of what the developers are making. It's feels like Scrooge asking Tiny Tim for a donation.
Anyway, I don't blame the developers for this absurd situation, and I do appreciate Signal, and Meredith is clearly a cool person who is fighting the good fight against big tech surveillance. But every once in a while an article like this reminds me how deeply fucked up the world is. It seems we are approaching pre-French Revolution levels of economic disparity, and maybe it helps explain why so many working class people are pissed off.
I cannot WAIT for the inevitable market correction on SWE salaries. Entitled bastards.