> where people optimize to compete not on competence and value, but on debasing themselves and attrition with others. That's all well and good - but then by th

> where people optimize to compete not on competence and value, but on debasing themselves and attrition with others. That's all well and good - but then by that definition companies actively hire folks who are unable to do the actual work, and impact the company's bottom line, just because they're cheap. Companies that do that go out of business.