Comment by krona
2 days ago
Taking rockstar players 'off the pitch' is the best way second-rate competitors can neutralize their opponents' advantage.
2 days ago
Taking rockstar players 'off the pitch' is the best way second-rate competitors can neutralize their opponents' advantage.
Patrick Boyle on youtube has a good explanation of what's going on in the industry: https://youtu.be/3ef5IPpncsg?feature=shared
tl;dw: some of it is anti-trust avoidance and some of it is knee-capping competitors.
Nobody is paying $10mm to $100mm comp packages to bench people.
They want an ROI. Taking them away from competitors is a side bonus.
Its a great way to kneecap collective growth and development.
So wage suppression is good because it’s better for the _collective_?
Wage suppression? Its the opposite were talking about here. Pay large amounts of money to make sure people don't work on challenging problems.
But sure you cant try and argue that's wage suppression.
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This has never been the goal of any business, despite what they say.
We should also say that "being really lucky is the best way to make sure that other people don't have as much luck as you do"
Who would be the first-rate companies in this analogy?