When the execs of tech companies are still able to make several orders of magnitude more money than any of the programmers they employ, and their companies are able to make profits in the trillions, with a t, no; programmers' time is not priced appropriately for the amount of productivity we enable.
This doesn’t follow, at least not without a lot more analysis. The biggest tech companies have tens of thousands of engineers make anything from low 6-figures to low 7-figures. That’s a huge salary burden that dwarfs exec compensation. Systematically paying more could easily outstrip revenues if leadership is wrong about predicting the future, which would lead to either salary cuts or layoffs, neither of which is well received. And are you saying engineers deserve most of the value because they wrote the code? What about other functions, what do they deserve? These aren’t easy questions to answer. But the reality is we don’t have to because hiring is a market. You get paid what you negotiate. This is the same for execs as it is for worker bees, the only difference is the value of your skills according to whoever is holding the purse strings.
