Probably missing some details, but back in the early-mid 2000’s, most tech companies formed a not-so-secret-anymore pact to keep pay low for developers. Facebook was the only company who said “not interested” and paid SWE’s what all the companies knew they were worth. Then the other companies lost workers to Facebook for much higher pay and benefits, forcing those companies to follow suit. This was mostly Zuck’s doing.
malevolent_keyboard t1_j9xg8ia wrote
Reply to comment by Divided_World in ChatGPT on your PC? Meta unveils new AI model that can run on a single GPU by 10MinsForUsername
Probably missing some details, but back in the early-mid 2000’s, most tech companies formed a not-so-secret-anymore pact to keep pay low for developers. Facebook was the only company who said “not interested” and paid SWE’s what all the companies knew they were worth. Then the other companies lost workers to Facebook for much higher pay and benefits, forcing those companies to follow suit. This was mostly Zuck’s doing.