On: Google boss says AI investment boom has 'elements of irrationality'

[ocdtrekkie]

This is far from true. Aside from Valley pay, which also has Valley housing costs, a "tech job" will barely pay for healthcare and housing for one, much less healthcare and housing for four.

[rr808 → ocdtrekkie]

Median dev salary in USA is $133k, most likely with healthcare already. You can easily afford a mortgage on a median home which is about $24k/yr.

https://www.bls.gov/ooh/computer-and-information-technology/...

https://www.zillow.com/home-values/102001/united-states/

https://www.calculator.net/mortgage-calculator.html?chousepr...

[epicureanideal → rr808]

The median dev doesn’t work in a city with a median cost of living. The jobs are concentrated where there’s a high cost of living.