4 ms·

Competition usually turns into collusion and consolidation.

• pydry 5y ago
  I find it weird that nobody is seeing this in tech. The automovotive market used to have garage based startups a long time ago. It used to have fierce competition and workers could get pay raises without unions. Then gradually everything fell under 3 big companies, workers fought the concentration of market power by unionizing (and lost) and for decades there was just the big 3. It's not even a question of if or even who tech will consolidate under any more - it will be someone who is currwently a household name. It is when. It's coming.
  • eru 5y ago
    You are saying that unions don't actually help?
    • pydry 5y ago
      No they clearly would.
• Frondo 5y ago
  Indeed, even in our beloved tech industry, the biggest employers have absolutely colluded to keep workers' wages down: https://www.theguardian.com/technology/2014/apr/24/apple-google-settle-antitrust-lawsuit-hiring-collusion https://www.theguardian.com/technology/2014/apr/24/apple-goo... And still people trust management...
  • eru 5y ago
    You can distrust both management and unions.