4 ms·
My guess? Money to be made, but winner-take-all dynamics. Dark horses are able to emerge relatively frequently, but it’s hard to predict winners beforehand. A w
by ip26 3y ago
My guess? Money to be made, but winner-take-all dynamics. Dark horses are able to emerge relatively frequently, but it’s hard to predict winners beforehand. A workforce willing to be exploited (kid dreams of working in gaming).
All this comes together to create an environment where everyone is working furiously for the payout, but most will lose, and you have few friends on a sinking ship.
Contrast to a more stable market with clear lynchpins that is slow to change. That kind of environment is less equitable and meritocratic, but managers at a tiny company with 0.01% market share will struggle to whip their employees into repeated 80 hour weeks.