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It makes a certain kind of sense. Many FAANG companies are in such a dominating business position due to network effects and the like that they capture a massiv
by philwelch 4y ago
It makes a certain kind of sense. Many FAANG companies are in such a dominating business position due to network effects and the like that they capture a massive economic surplus, and when organization capture huge economic surpluses, the employees are less incentivized to help the company succeed (since that’s going to happen anyway) and more incentivized to extract what they can personally.