Size of the Information Economy: Difference between revisions

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*GDP of USA is about $19T
*GDP of USA is about $19T
*Salaries are abour 40% of GDP - [https://www.dougsguides.com/content/whats].
*Salaries are abour 40% of GDP - [https://www.dougsguides.com/content/whats].
*Thus - if average salary for software developers is $75k -

Revision as of 20:26, 26 February 2018

http://www.anderson.ucla.edu/documents/areas/ctr/bit/ApteNath.pdf.pdf

Productivity and IT

Surprisingly, productivity has decreased up to 1997 and not increased as the digital age has started?

https://www.theatlantic.com/magazine/archive/1997/12/the-computer-and-the-economy/377019/

Software Developers

  • Def of Software Developer
  • 22M developers worldwide - 2017 - [1]
  • 3.8M developers in the USA - 2016 - [2] (source data behind paywall)

Total IT Workers

  • About 10M workers in the USA.

Conclusions

  • 152M total labor force USA, 2016 - [3]
  • GDP of USA is about $19T
  • Salaries are abour 40% of GDP - [4].
  • Thus - if average salary for software developers is $75k -