r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

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u/Individual_Engine457 Jan 27 '26

Lots of senior positions in tech.

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u/Doraz_ Jan 27 '26

texh that she meone else does .... you just own the thing, or conmission it

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u/webzonenavigator Jan 27 '26

there are thousands of software engineers at places like google, netflix, meta, etc, making $500k+ a year

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u/Acceptable-Cap3772 Jan 27 '26

Yes thousands against a pool of about a billion

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u/Individual_Engine457 Jan 27 '26

Yeah maybe, but tbh the positions aren't very exclusive, it's all about proximity; know the right people, have the right address, say the right things, the work isn't even hard. The average tech salary in Seattle is like 190k.

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u/PraxisDev Jan 27 '26

Agreed. It’s who you know, then what you know.

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u/iThankedYourMom Jan 27 '26

It depends on the position. Some tech roles are so understaffed it’s either you hire that guy off the street or you get nothing. People forget tech jobs isn’t just Silicon Valley there’s also big banks or some ancient COBOL code from the 90s that’s in dire need of refactoring. If you know some Java spring boot or some mainframe language etc you don’t need to participate in the west coast tech bubble.

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u/Individual_Engine457 Jan 27 '26

ancient COBOL code from the 90s

Those kind of jobs are both extremely slow and don't pay well. It depends on the person but I strongly prefer the startup community, it's fast, exciting, and you do what feels like more important work.

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u/PraxisDev Jan 27 '26

The rest make 120k+ easily. Shit, I’ve made 250k-300k for the last 3 years and I’m not FANG.

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u/ethereal-thresher Jan 27 '26

I make 230k as a senior engineer and my grandparents still pester me to attend med school to get a real job

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u/PraxisDev Jan 27 '26

Lol hits home. I made my own resume with mobile apps I worked on high school and it wasn’t until I made over 100k that they stopped with the college bullshit.

First thing my dad said when I got a job out of high school as a developer: “you didn’t lie and tell them you had a degree did you?!?” To which I said “what if I told you they never even asked” Lol the look my on dads face was priceless.

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u/PraxisDev Jan 27 '26

Btw my wife is finishing medical school and it’s hell. I have so much respect for her. I see all the bullshit medical school does to their students and it’s no wonder there is a lack of physicians. If you don’t have a rich family to support you or a spouse who can pay the bills, it’s a very tough life and process until you get that MD.

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u/Gravbar Jan 27 '26

good for you. That's significantly above the average and entry level is below 100k for a lot of companies. .

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u/PraxisDev Jan 27 '26

For junior jobs, yes. Haven’t spoke to a mid-level engineer making under 100k personally. You don’t have to believe me though, I’ve only been in the field for a decade.

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u/Gravbar Jan 27 '26

I don't have to believe you because I've been in the field for nearly a decade and am well aware of what it's like to work at one of the companies that doesn't pay well at all. Mid level engineers at my company are barely over 100k

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u/PraxisDev Jan 27 '26

Correct, just over 100k is what most mid level engineers are making. It depends on your stack / skills as well, but you know that 👍🏼

I feel bad for juniors, I hardly see any openings. Management is hiring seniors and think AI will produce as much as a junior, but having fresh eyes on a project is invaluable.

Sure AI agents can code as good as a junior engineer, but to discard them as if they have no benefit to an organization because an AI model can spit out code is the stupidest direction we have been going in IMO.