this post was submitted on 22 Sep 2024
452 points (97.5% liked)
Technology
60085 readers
2426 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I think who you mean by tech community here is important too. CEOs? Their pay depends in part on them not listening.
Enthusiasts? Engineers? People who use technology more than incidentally? Left-leaning tech circles? Some have heard him, the idea of enshittification has spread well.
Sometimes ideas don't spread very much until they do in a big way. This feels to me like one where that point exists, and people will take notice when it's hit.
The problem is that if you're working in any of the big tech companies we're talking about, at basically any level, a substantial portion of your compensation is stock.
The dude writing the code and the CEO are sharing the same set of incentives, if not the same value ($) of incentive.
It's shockingly good at taking otherwise decent people and flipping the moral center off because now you're deeply deeply invested in value extraction via stock prices, regardless of what you have to do to get there.
I've had more than a few friends turn utterly unrecognizable and defensive over shit they absolutely would have thought was gross as fuck in the past, except now they look to make six or even seven figures from it, so whatever, it's fine. If not them, then someone else, and they might as well be the ones to cash in.
So you're not wrong, but stock options are shockingly good at getting everyone's goals and desires aligned and while I don't have enough of a supply of tinfoil to think that might actually be the point of giving everyone options, eh, I'd be shocked if it wasn't at least an understood outcome.