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Relin posted:There's a glut of tech workers right? And they themselves don't seem to want to unionize. Perfect conditions for exploitation. And they tend to be paid well enough that they don't see how a union would benefit them, which is funny because even with their high salaries, the top developers are probably undercompensated compared to the value they create for the big tech firms. Of course, the threat of that is why all the tech companies are so big on opening the visa worker floodgates, so they can have an endless stream of South/East Asian developers to depress wages to almost nothing.
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Aug 17, 2015 16:51
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Xaris posted:Probably. Though the "value" (valuation) for tech firms is unrealistically and unsustainably crazy to begin with though. I suspect in actual valuation, it might not be that out of balance. Sure, sure. But that disparity is probably why so many jump on the startup lottery. Why work at a job that's grinding you dry when you can be your own boss and at least have a chance at being king of your own little overvalued kingdom? Actually, since it came up: can anyone explain what is the likely future of the current tech valuation issue? I've been hearing for years that companies like Twitter are immensely overvalued, but the other shoe never seems to drop. I'm getting china stock market blue balls here.
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Aug 17, 2015 17:02
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