Maybe software-adjacent people applying to startups, but in general, this obviously can't be true. Relatively low-paying but high-status jobs, like FBI agent, military officer, elected official, judge wouldn't exist, nor low-paying passion work like social worker, wildlife conservation, most non-profits, low-paying jobs that are simply fun like most musicians, pro athletes in unpopular sports. Plenty of capable, talented people who could be making more money choose not to.