One has to be careful around opportunistic gold-rushes; if one is not actively purveying gold, one may be getting rushed.
If the US sets a debt ceiling and inevitably hits it (based on past performance), the ensuing devaluation of the dollar may lead to an even stronger form of corporatism that makes such power plays about wages, hours worked, and work conditions look relatively tame.
People may not all be financial experts, but they can do basic math and realize none of this makes sense.
>If the US sets a debt ceiling and inevitably hits it (based on past performance), the ensuing devaluation of the dollar may lead to an even stronger form of corporatism that makes such power plays about wages, hours worked, and work conditions look relatively tame.
2 years ago we were starting to properly talk about 32 hour workweeks. Sad how quickly things can go backwards. Really hope America isn't stupid and tries to go the Greece route with this inevitable crisis.
What's changed in the last few years is a new focus on bringing white collar labor to heel.
I think it would be good for U.S. workers as it will help make them more competitive in a global labor market.
At least there probably won't be another eMeringue this time?
2. It is now common knowledge that one can become adequately rich from working on or investing in bad ideas, to the point where an idea isn't even considered bad if you can grift investor money from it. In other terms, it's no longer taboo to scam people richer or stupider than you; it's just "hustling".
If programmers wanted to force companies to maintain wildly irrational staffing levels, they should have unionized a decade and a half ago when they had the leverage. There are too many programmers, now. Current innovation is high-level and academic, and maybe 2% of the people posting on HN are educated enough to ride the bleeding edge of that.
Elite tech workers at top cloud/ software based companies can vehemently disagree but for mid level IT folks at typical enterprise shops situation is far more gloomier than it was even 10 years back.
Now if these employees are ready to revolt I suspect it will most fine by employers.
The promise of automation is that people should be able to work less and still be paid enough to live comfortably.
When has this ever not been true? And how would it be fixed?
"it is easier to imagine an end to the world than an end to capitalism"
A big portion of the web is WordPress sites, created by some site builder, etc.
A lot of what Musk cut out was support. the ones answering tickets or talking with adverts/big users to keep them happy. You can't solve that with a chatbot. The corrosion there is exactly why Twitter stock tanked.
But the sibling reply makes an important point: most of the tech from Twitter is there because of scale. That's perhaps part of the 10%.
And somehow the latest improvement to low-code/no-code tooling (LLMs / AI) are making it all worse, maybe because they'll really for real this time finally let business-side people not need programmers.
You can't legislate your way to profitability... Global competition will eat the profit margin and companies won't have enough money to honour their contracts and will go bust (as history shows).
No written law can compete with the invisible hand of the market.
Boeing tried this strategy, and its definitely having noticable results.
( /sarcasm, if it's needed.)
