Alternatively they've been completely skewed by the profit margins of the big software companies, where it turns out they print money regardless of how high payroll gets. As supporting evidence, VC funded startups pay less than said software companies.
It's interesting that Europe has abjectly failed to produce anything like Google or Meta. I'm not sure what the underlying reason for that is.
It's interesting that Europe has abjectly failed to produce anything like Google or Meta. I'm not sure what the underlying reason for that is.