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To what extent is this accurate? (lemmy.ml)

submitted 2 weeks ago* (last edited 2 weeks ago) by [email protected] to c/[email protected]

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So I'm 20 and I've started looking at the salaries of jobs/careers, and this is the impression I've gotten. Like that you could spend years cramming a ton of knowledge about a very niche field, and still only get 2-3x what a run-of-the-mill job makes. Is this true? If yes then I guess this route to wealth would only make sense (due to the diminishing returns) if the topic truly spoke to you, right? Are there alternative career paths to good pay than being really good at something really specific?

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[–] [email protected] 2 points 2 weeks ago

I think there are many good replies already, but I feel one consideration is missing: time.

If you have the time for only one job, why wouldn't you take one paying more, even if it requires a bit more skills to achieve? You are going to do that for a long while, so living more comfortably has a value.

[–] [email protected] 1 points 1 week ago

To some extent it is accurate. Only a finite amount of knowledge can be applied to a task and excess experience doesn't bring any additional benefit on its own.

[–] [email protected] 1 points 2 weeks ago

How do you measure expert knowledge on the same graph as salary? Do you measure it in dollars?

[–] [email protected] 1 points 1 week ago

It might be accurate for one person in a hundred.

[–] [email protected] 1 points 1 week ago

Does the salary take into account inflation?

[–] [email protected] 0 points 2 weeks ago

Amateur. You need to get a PhD to be some tenured fogie's personal whipping boy. /s

If you're looking at actual good paying jobs and not weird passion-fueled ones, or at the other end bullshit nepobaby ones, maybe this is accurate, IDK.

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