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A key element in the US is that VC is a poison. With growth at all costs as a priority, many US companies are focused on getting whomever is willing to push sal
by agloe_dreams 3y ago
A key element in the US is that VC is a poison. With growth at all costs as a priority, many US companies are focused on getting whomever is willing to push sales over all else, this generally requires a name with a history of success so most internal hires are out.
Also, most of these companies won't exist in 20 years to have someone whom has been there for 20 years.
- mustafa_pasi 3y agoBut the US is still performing better on all metrics: 1. more innovation 2. high economic growth 3. better salaries Whatever you are doing works.
- polygamous_bat 3y ago> 1. more innovation How do we quantify it? And how do we know that it is not the result of metric-hacking, as the GP commented, and is actually true "innovation"? > 2. high economic growth Same as above. > 3. better salaries Only for a small slice of the population. Income inequality is growing across the country, and it is not an obviously good thing if a small fraction of the country is getting boundlessly richer while the rest of the country/world suffers.
- kla-s 3y agoThat is a very special set of metrics and one could argue the opposite using e.g. social and environmental externalities (social safety net/ energy consumption pP...). The other thing is, is there more real innovation going on or is this just some local hyper optimization of making the numbers go up? I don`t claim to be the judge/arbiter on this matter, guess i`m glad we can compare both on this world