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The problem is that the IT sector eats up a very big cut of the economy. Since it is the nervous system of the economy it has the power to extract rents from al
by cblconfederate 5y ago
The problem is that the IT sector eats up a very big cut of the economy. Since it is the nervous system of the economy it has the power to extract rents from all other sectors and that has led to enormous wage inequalities, which is what drives people to push their kids to IT. This won't be solved by creating more "no code" tools so that people who hate IT can still work in it, it will be solved by stopping this relentless value extraction that tech does against against any other activity. IT is the new finance, except it's worse because , unlike finance, they can behaviorally manipulate people with more than just carrots and sticks. All those people who create free content for google and FB deserve to be compensated for their work (it is work after all because it creates value). And all those workers, drivers, and services who are now commodities thanks to software eating the world, deserve pay rates that are suitable for a fair , sustainable society, not rates that are meant to maximize quarterly revenue growth of already-huge behemoths.