>They are hoarding talent from their rivals and paying workers handsomely so there isn’t a motivation to quit and build a startup that will disrupt the status quo.
What is this article? I don't understand if this is tongue-in-cheek or if there really is something as tone-deaf as this. Regardless, the cut is expected at this point.
Someone who has created their own worth saying that there are people being paid salaries without creating enough value to justify said salaries is not tone deaf. I bet most billionaires - at the very least, the self made ones, which is most of them in the US - have a better sense of value than most other people.
The comment isn’t about making too much money. It’s about being given too much money in exchange for what is produced.
Anyone in the industry knows that's exactly why so many are hired and so little output happens. Anyone who has friends at the company will tell you those stories.