Re:Meta lays off 11,000 people
by lovich on Wednesday November 09, 2022 @12:05PM
(#33534540)
That latter argument ignores the marginal utility of dollars. It is a mental illness to think going from 2 to 1 billion is worse than going from 2k to 1k
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The marginal utility of money is a real thing, but it applies to purchase of life basics, like goods, services, and security.
The marginal utility of money for power and influence in our societies seems to start a few orders of magnitude above the upper middle class, and so far doesn't seem to bend down very much as money increases.