zlacker

[parent] [thread] 2 comments
1. wallfl+(OP)[view] [source] 2018-09-12 02:29:16
It's not really hyper opportunity, it is impact.

Impact is the reason why an elementary school teacher gets paid in the low-to-mid 5 figures and a professional ball player can get paid 7 figures. Usually, a school teacher has 20-30 kids in their classroom, while a professional ball player can indirectly influence tens of thousands of kids and adults in their "buying" decisions.

Impact is why Franz Schubert died poor and why Ozzy Osbourne made millions.

Technology can exponentially increase your reach and your impact. Ozzy in the medieval ages would have been just a tale told between towns. If you are a skilled marketer, the Internet is your oyster.

replies(1): >>sonnyb+p
2. sonnyb+p[view] [source] 2018-09-12 02:32:38
>>wallfl+(OP)
Yes I agree to all of that except you're missing out on power and market power.

The biggest winners will be investors in tech, not employees, who will do well, but not as well as capital FYI.

replies(1): >>wallfl+J91
◧◩
3. wallfl+J91[view] [source] [discussion] 2018-09-12 15:15:04
>>sonnyb+p
Kind of like a modern update on Karl Marx's "those who own the means of production are the capitalist class". A Modern update because "means of production" back when it was written meant non-human assets (e.g. machines) and the tech industry is clearly harnessing the collective effort of human assets now.
[go to top]