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Sports teams may be a very poor example because they’re similar to movie stars - the workers are _also_ the sales folks in those labor markets. Not a lot of eng
by devonkim 3y ago
Sports teams may be a very poor example because they’re similar to movie stars - the workers are _also_ the sales folks in those labor markets. Not a lot of engineers have the kind of influence to bring entire swaths of investment and interest besides celebrity engineers basically. If we look at it from this lens Big Tech is what it is partly because we don’t have anything like a draft to help ensure fairness of access to highly skilled labor that is a massive influence upon the success of the organization.
There’s nothing like SAG to help mere mortal engineers that struggle with ageism and have trouble breaking into more lucrative companies for whatever reasons either.
But unlike sports we can’t really distill down everything an engineer does these days into a line item sheet of statistics because so much of engineering isn’t execution-focused but design and project focus.
Also, I’ve realized that a ton of software companies - arguably the majority - basically exist to take existing proprietary business knowledge that engineers have little clue or concern about and put it online essentially. Technology in itself isn’t the competitive differentiator at all for these companies that is as opposed to more trade-like relationships, business know-how, etc. that basically acts as social mediation for a lot of incumbent wealthy people’s whims. These would be a lot of enterprise software companies where your sales team basically buys you access to certain accounts and unlocks markets.
So this to me is the difference between a company that makes money because of its technology advantages like most of Big Tech rather than existing business domain and market influence advantages (I think this is really close to the classic rent term and in the technology area all that raw data could be considered rent maybe).
- nine_zeros 3y ago> Sports teams may be a very poor example because they’re similar to movie stars - the workers are _also_ the sales folks in those labor markets. Not a lot of engineers have the kind of influence to bring entire swaths of investment and interest besides celebrity engineers basically. Small nitpick that sports players are more like marketing, not sales. Sports teams have armies of sales everywhere. But your sentiment is right - each individual player is a symbol that markets the team. This is true in large leagues with famous players. That said, even in leagues with little audience, management and execs still draw much lesser pay than players. It's because the punishment for mismanaged team is lower wins/positions in the league and thus, lower awards and sponsorships. Sponsors want to pay the winners, not the losers and the only way winners win is by paying the players who actually play. An (not perfect) equivalent in ad tech industry would be - ad buyers buying ads in meta as opposed to Twitter, where all players were not retained.
- devonkim 3y agoMaybe I’m a bit misguided but talking to sales and marketing folks historically marketing is like sales at scale.