Don’t those points sound great for startups and workers?
1) We will give you a large sum of money for your startup. 2) we will pay our workers so much they won’t want to do a startup.
1) We will give you a large sum of money for your startup. 2) we will pay our workers so much they won’t want to do a startup.
2) is fine .. unless there are secret no-poach agreements in place.
But ok, let's just create this fantastical narrative that "paying workers too little" and "paying people too much" cannot possibly apply at the same time to different segments of the population.
Hell, let's even use the loaded phrase "evil capitalists", a great term if what we're looking for is to deftly avoid any real criticism of capitalism.
I guess the current system isn't so bad.
I think over the last 20-30 years, the useful and helpful-to-society technological progress as a fraction of the technological industry is fairly low. Most of Silicon valley is figuring out how to extract as much ad value from consumers as possible; except for the single percentage renewable energy fraction, most of the advancements in the energy industry is a net negative for humans; medicine is stagnant because of the increase in complexity and economics; and the list goes on...
...and inequality is skyrocketing.
> technological progress is advancing at a rate never before seen in human history.
Compared to the growth between 1900 and 1950, we should have teleportation now.
I'm not making a joke: life-changing progress keeps slowing down. E.g. refrigerators, washing machines, cars, airplanes, x-rays VS internet and smartphones.
> I guess the current system isn't so bad.
Compared to what? That's a false dichotomy fallacy.