So I agree with this but I think it distorts the true value. A nurse is worth way more to society than another SWE but the SWE gets paid way more. Bankers get paid a lot because they control money supply but I don’t think most people believe bankers are helping them or wish we had more bankers. Software is going down a similar path (see artist outrage over AI) because the pull of money is too great.
I agree that the value to society and the economic value are two completely different things. I shining example of this principle is the 1980s corporate raiders that would buy a company, gut its pension program, and ride off with the profits.
