2 ms·
Its not "costing" $3T, its creating it. The managerial class will spend $3T in the economy and some of it will surely trickle down to somebody actually working.
by college_physics 4y ago
Its not "costing" $3T, its creating it. The managerial class will spend $3T in the economy and some of it will surely trickle down to somebody actually working.
Jokes aside, while the concept of bullshit jobs is instantly relatable by anybody who ever worked in a non-trivial organisation, determing what fraction of that is completely bogus is not so obvious.
Maybe the incentives generated by a corporate structure are broken even by its own narrowly defined monetary optimisation objectives.
Maybe we underestimate what it takes to herd humans at scale.
- physPop 4y agoIt's a cost from the perspective of shareholder value and business productivity.