Re:Coinbase lays off around 1,100 employees
by runarberg on Tuesday June 14, 2022 @04:13PM
(#31745419)
This assumes that CEOs of massive heavily profitable company provide meaningful and productive contribution to the company, which is very much up for debate.
Re:Coinbase lays off around 1,100 employees
by snotrockets on Tuesday June 14, 2022 @03:44PM
(#31744996)
That's the beauty of it: the public benefit would remain the same.
Re:Coinbase lays off around 1,100 employees
by jonathankoren on Tuesday June 14, 2022 @03:45PM
(#31745011)
Lol. CEOs aren't some sort of demigods. In fact, most of them are just dumb shlubs that got lucky.
Recognize that you — and everyone else — are relying on him to work just as hard, to take on just as much responsibility, while sacrificing more and more for every incremental dollar of value he creates.
Your question implies a hope that the CEO will continue to take on massive responsibility and produce massive wealth, even when the main beneficiary of his productiveness will be the government, not him.
If he doesn't choose to work harder, every incremental dollar disappears and the scheme fails. What happens then?