Could tech workers actually unite and do something about it? Uncertain. But there's causes for it.
Could tech workers actually unite and do something about it? Uncertain. But there's causes for it.
However, none of those efforts are going to substantially increase their costs or reduce their market share. Their tech worker demographics may shift, but overall income inequality will remain.
"tech workers are not being paid commensurate to the profit they bring their companies" Isn't this true of every company that's not a cooperative of some type?
But by compensating employees heavily with equity, companies have made it so that many Bay Area tech company workers would be giving up any hope of buying a house if they successfully organized in a way that diminished their employer's dominant market position (and the profits and high stock price that come with it).