3 ms·
But isn't labor a commodity and ground breaking innovation not?
by wickedsmile 8y ago
But isn't labor a commodity and ground breaking innovation not?
- jonny_eh 8y agoThe employees aren't responsible for any innovation?
- lotsofpulp 8y agoBarring corruption, compensation is usually commensurate with how much risk your capital takes.
- toomuchtodo 8y agoHow many startups are in the latest YC batch? An enormous amount compared to previous batches. “Innovation” is a commodity because it’s just become product market fit testing through brute force.
- confiscate 8y agoya, but testing for product-market fit is much more uncertain than buying/providing labor. It's still harder