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> What technology is being created to push down the cost of executive compensation in buiness? I imagine this technology would be difficult to market and thus
by zackbrown 10y ago
> What technology is being created to push down the cost of executive compensation in buiness?
I imagine this technology would be difficult to market and thus difficult to sustain, given that the prospective customers (i.e. decision-makers who control companies' funds) would have personal negative incentives against purchasing it.
This reminds me of some friends whose startup's product was software to make lawyers more time-efficient with (billable) administrative tasks. It turns out customers don't come banging down your door to buy a product that 'helps' them make less money.
- bawana 10y agosame problem with government. How do you get them to pay themselves less? How do you get them to be accountable?
- rosege 10y agoThen it needs to come from the board/shareholder level who do care about (or should) about the costs of executive remuneration
- bootload 10y ago"given that the prospective customers (i.e. decision-makers who control companies' funds) would have personal negative incentives against purchasing it." That is something I would believe, push-back from existing people in companies. What about new companies selling products? (remember ways of making money in SW: internal services, contract/consulting and product)