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   Socket (socketsecurity@fosstodon.org)'s status on Tuesday, 26-Nov-2024 10:24:23 JST Socket

   👻 A Stanford study reveals 9.5% of engineers do virtually no meaningful work, costing tech $90B+ annually, with remote work fueling the rise of "ghost engineers." https://socket.dev/blog/ghost-engineers

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     𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) (serapath@mastodon.gamedev.place)'s status on Tuesday, 26-Nov-2024 10:24:20 JST 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

     in reply to

     • Axel Rauschmayer

     @rauschma @SocketSecurity

     Nobody does.
     This is capitalism.
     All it needs is a "reasonable line of arguing" (RLOA) for the capitalists to print money.

     A startup with a reasonable pitch and a team with reasonable background is such a RLOA, which allows the Capitalists (e.g. VCs) who are defined by having access to the money printer, to create money and pay everyone, but especially themselves.

     Thats how you get billionaires.

     Nobody has an incentive to stop this.
     Courts cant because of RLOA

     Hyolobrika likes this.
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     Axel Rauschmayer (rauschma@fosstodon.org)'s status on Tuesday, 26-Nov-2024 10:24:22 JST Axel Rauschmayer

     in reply to

     @SocketSecurity I wish the narrative were less one-sided: Who evaluates the efficiency of managers and investors and how much money they get? Who evaluates *why* people are quiet-quitting? Happy employees usually don’t.

     Hyolobrika repeated this.