3 ms·
Isn't there also the flip side - that the disruptive tech businesses represented by YC actually remove jobs from the economy on some level? For example hotel w
by rwhitman 14y ago
Isn't there also the flip side - that the disruptive tech businesses represented by YC actually remove jobs from the economy on some level?
For example hotel workers who are displaced because of AirBnb etc. Not that I'm the kind of person who advocates for keeping people employed for employments sake, but I'd be curious how many jobs are actually made obsolete by tech startups...
- chimeracoder 14y agoWith absolutely no data to back this up, I'll posit the following speculation: In the short- and medium-run, these business cost more jobs than they create. In the long run, they rid the economy of relative inefficiency (relative to the 'improved' marketplace), which creates a healthier economy (creating jobs being one symptom of a healthier economy).