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The VCs funding these companies are about as much to blame for the "servant economy" as they are for the weather. They're a tiny piece of the computation and a
by areoform 8y ago
The VCs funding these companies are about as much to blame for the "servant economy" as they are for the weather. They're a tiny piece of the computation and a minute fraction of the resources being deployed. They might be at the vanguard but they control what comes next just about as much as a surfer controls the waves. It's not their fault.
It's humanity's for not aligning the incentives of these great systems properly.
- zeroname 8y agoThere is no "servant economy" and these people are not servants. They're performing services that happen to not be well-paid, because virtually anyone can do them. You need virtually no education or skill. The "gig economy" didn't change that.
- Apocryphon 8y agoSurely they could choose to fund other companies?