Comment by nextworddev
2 days ago
> as a taxpayer, I don't want my money to be taken from me (postponing my own retirement) to fund her retirement.
by that logic, sure, as shareholders in Meta (or any public tech co), we absolutely don't want employing expensive human devs to fund their retirement.
.. see where this is going
> see where this is going
No? Shareholders don't want expensive devs, they want the profits expensive devs happen to produce.
The difference is, of course, that investors can sell their shares if a compensation policy is overly generous. And, even if they hold onto them, if the company goes bankrupt because of labor expenses, the government doesn't grab investors' personal assets to allow employees to keep getting their compensation indefinitely.