This conversation is not about the "programming is the new literacy" - but I do agree on that part.
I'm trying to find an analogous system which could help us figure out what would have happened to developer salaries in SV given what tech companies pay in NYC.
How comparable would a web app developer and Wall Street dev be?
The basic financial literacy these guys are desired to have is higher than naught. Further, there are different technologies, paradigms, and cultures involved (though at a hedge fund the last part converges).
A test for this would be tech dev salaries in NYC versus SV.
I'm trying to find an analogous system which could help us figure out what would have happened to developer salaries in SV given what tech companies pay in NYC.