Yes. I said they get paid well but I didn’t say that it is bad or makes them bad.
Educational costs and duration means putting their life on hold well past the point your median FAANGer is taking in big bucks. So they expect the pay to start paying down that debt & lost time.
But other countries get by without their doctors accruing a mountain of educational costs and time spent in apprentice like conditions.
AMA is a cartel.
Imagine if SWEs managed to create a certification process essentially locking out H1Bs and constrained the number of new SWEs domestically minted.
For sure, restructuring how we get doctors to a point where they can begin practicing is a necessary first step to addressing cost.
Throughout the discussions on the topic, the comparison with SWEs keeps sticking with me: there's no world where someone hacking together JS scripts should make more than someone healing human bodies (in terms of "real" take home pay, ie, after fees, debt payback, etc)
Arguably you are totally correct in that assertion of relative value to society.
It may actually be the case too, on average, in the US.
Note a quick google search says theres 1M doctors in the US and the average salary is somewhere in the $250-400K range depending on source.
Meanwhile Google also returns me "The average salary for a Software Engineer is $117654 per year in United States." - Indeed. Allegedly there's 4M of us weirdos here too.
When we get out of the staff engineer FAANG & Wall St tech bubble the $250k/500k/1M TC numbers don't really exist. And there's only so many seats within the bubble making those numbers anyway, what maybe 50-100K total out of a country of 4M SWEs.
Plenty of SWEs on Wall St never make more than $250k before "getting retired" (in the Bladerunner sense).
Likewise most SWEs working in Fortune 500 companies are clearly barely entering the six figure TC range.
Educational costs and duration means putting their life on hold well past the point your median FAANGer is taking in big bucks. So they expect the pay to start paying down that debt & lost time.
But other countries get by without their doctors accruing a mountain of educational costs and time spent in apprentice like conditions.
AMA is a cartel.
Imagine if SWEs managed to create a certification process essentially locking out H1Bs and constrained the number of new SWEs domestically minted.