- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
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We’re responsible for all their bad financial decisions and reap none of the benefits on occasions where these morons somehow make money despite themselves because of the ungodly momentum of this dumbass system
Privatize profits, socialize losses.
This is the law of the land.
During COVID: we made record profits!!! But we can’t afford to give anyone raises
During AI: We spent too much money on tokens. So we can’t afford to give anyone raises.
Its been every year since I’ve been aware of the concept
Company newsletter : Fantastic news everyone! We’ve broken the record for highest profit growth again and we couldnt have done it withou5 your help! Here’s to another amazing year!
Meeting a week later : its no secret the economy is in trouble, and we’re not immune either, there will be no bonuses or raises, and we will have to start looking at cutbacks
There is a reason I have always argued for a larger base salary and less of the other parts. I don’t care about the bonus, I don’t care about equity, I don’t care about stock options. I’ve been screwed on each and every one of those in one way or another but never the base.
Does that mean I’ve ever hit it as lucky or as big as my peers? Sadly no, but I’ve also had a hell of a lot less stress and have still managed to carve out a very comfortable life.
Yet our economy is now entirely wrapped up in the circular billing these companies are doing. The next 10 years is gonna suck
You’re being very optimistic that it’ll be resolved so quickly.
I agree. The great depression was over in about 10 years, but that was with honestly, pretty good management and some rather revolutionary political ideas. That isn’t going to happen this time. This rebuilding of basic foundational issues of national identity and civilization is going to go deep, if it gets accomplished successfully at all. Buckle up, it’s going be a bumpy ride and I don’t know what it’s going to look like on the other side, I just know where we gotta get to and it doesn’t look like there’s any nice roads to get there.
I’m more on the side of ‘stagnant apocalypse’. We’re all going to be bored to death before we starve, if it isn’t a never-ending sideways shuffle, never getting better, always getting worse.
I think it’s going to be way faster than 10 years for some companies. 1-2 for a lot of them. Prices just went up for the first time, and they’re going to get higher before the bubble pops.
Tough but fair
That article is AI written…
How do you know this? It says it was written by Victor Tangermann
Read one of his 2020 and compared it to this one. This one is definitely AI written or at least AI edited.
The article has several em-dashes. AI uses them all the time and people never do
I genuinely use em dashes all the time. I’ve been using em dashes since before I knew they were called em dashes
NO RAISE FOR YOU!
The needs of employees are now considered externalities.
Always have been.
So when are we going to start eating the CEO’s? They are already building bunkers, waiting for our herd to thin.
There are shorter ways to say “shoot me.”
I’ll just leave this here:
Quick! Switch from token maxing to token minning…
We’re trying like hell to get rid of you - the liabilities (employees). We’ll die trying if we must.
