Re:Coinbase lays off around 1,100 employees
by corrral on Tuesday June 14, 2022 @03:37PM
(#31744898)
Cool. They can retire and one of the thousands of other people who can (and want to) do their job can step in. If that starts causing problems, companies need to work on training programs for their leadership. It'd be an amazing side-effect if this pushed us toward it being more common to "rise through the ranks" and end up CEO. And if it caused us to start generating tens of people with a $100m net worth for every one one billionaire we'd have had otherwise.
Re:Coinbase lays off around 1,100 employees
by CardenB on Tuesday June 14, 2022 @03:00PM
(#31744318)
There's a gulf between sam altman and jeff bezos. We can still have rich people with the leverage to act efficiently without giving them the ability to buy entire nations if needed.
Re:Coinbase lays off around 1,100 employees
by azemetre on Tuesday June 14, 2022 @03:14PM
(#31744537)
What gives these individuals some sort of divine right over citizens in a democracy? I feel like people are ignoring that human history already went through this period in the era of monarchies and divine rule.
It was a disaster then, it's a disaster now, and it'll be a disaster in the future.
In my experience from having known a couple of mega-rich CEOs, yes. Even those who are not principally driven by the money or three-commas social signaling, they still want to leverage their accumulated assets into changing the world in some way. Take that away from them and they lose motivation, yes.