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> In this realm though, if you build a mediocre version of something that already exists in a better form, it's likely worth nothing.

That is technically true, though realistically, many companies will spend money implementing mediocre projects. Alternatively, a company might lose their edge and slip into a mediocre mode after gaining great market share.

In other words, while in long-enough run, you are right that such companies will not "make it," they will happily pay mediocre salaries for mediocre programmers in the meantime. Consequently, "being a mediocre engineer" and "building mediocre things" is a sufficient and realistic career goal.




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