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I'm the last person to defend powerhungry tech companies, but 1. They enable remote work which is the biggest game changer wrt housing. No other sector , banki
by cblconfederate 5y ago
I'm the last person to defend powerhungry tech companies, but
1. They enable remote work which is the biggest game changer wrt housing. No other sector , banking or real estate, has done much to help in this direction. The middle class needs to embrace it and demand flexible work hours. 8 hour work were made for the era of factories. OTOH tech capitalists have no incentive to reduce housing costs, since most of them are invested in it.
2. If you include biotech companies in this, they do. But they need to lobby more for faster and cheaper development of drugs/treatments. Certainly tech has not been aggressive here, my phone should have a lot more sensors than just an oxygen meter.
3. Inequality, tech can only supercharge it. Only outsiders of the system like bitcoin can debase the overconcentrated currency.
4. Unkindness ... tech enables individuals to "bowl alone" even more, so what you re gonna see is more and more people "de-socializing" as gig workers reduce human interactions to almost zero. Sad as it is, that kind of distancing will also reduce the friction
5. I guess they exacerbate bullshit jobs by micromanaging and concentrating creative work to a very few engineers. There is a lot of missed potential here and it's a tough one to crack. You 'd need a system to define ambitious goals and allocate valuable work to the right people that is proven to work and bring results. You also need a way to know what people need. Work feels a lot more meaningful when it meets the needs of others.