Compared to the average American? No, indeed, you wouldn’t.
Compared to the CEOs and major shareholders of the biggest companies out there? Yes, one could make the argument.
There’s a bigger financial gap between someone with 1 billion, or even 100 million, in the bank and someone making 200k than between someone working at minimum wage and someone making 200k.
Although there are other relevant factors that would be worth taking into consideration when making such comparisons (quality of life and financial security come to mind), most of us actually are very small fry compared to them.
This is so ridiculous. Why are you comparing anyone to a billionaire? If you've been making 200k+ for a few years and you have FAANG on your resume, you should have no problem getting through a few months without a paycheck, further, FAANG will, certainly, give you a better chance in future job applications. A person making minimi wage has none of these advantages.
Software and tech companies have had multiple boom and bust cycles since the 1980s. Even in good times there are always a few companies that simply don't make it. If you go into tech, that's a choice, you know you won't have a job for life, and you need to plan for such. If that makes you uncomfortable, go get a job with the government, or learn a trade (are plumbers ever short on work?), or become a doctor/lawyer.
Compared to the average American? No, indeed, you wouldn’t.
Compared to the CEOs and major shareholders of the biggest companies out there? Yes, one could make the argument.
There’s a bigger financial gap between someone with 1 billion, or even 100 million, in the bank and someone making 200k than between someone working at minimum wage and someone making 200k.
Although there are other relevant factors that would be worth taking into consideration when making such comparisons (quality of life and financial security come to mind), most of us actually are very small fry compared to them.