Sam Altman is not on YC's board. So why claim to be its chair?

Re:Sam Altman is not on YC's board. So why claim to be its c... by abeppu on Monday June 17, 2024 @11:40PM (#40713846)

I think people really over-estimate the wage growth differences between good and bad labor markets.

Median usual weekly earnings are (in 1982 Dollars) Q1 2024: 365 Q1 2013: 331

So over 9 years, including the largest bump in wages in generation during the pandemic, wages grew by 1%

From the early 80s until now, wage growth was like 0.4%

https://fred.stlouisfed.org/graph/?g=1pagn

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Re:Sam Altman is not on YC's board. So why claim to be its c... by lotsofpulp on Monday June 17, 2024 @11:56PM (#40713929)

I restricted my claim to those who:

> obtained in demand credentials or skills

From plumbers to programmers, there probably was not a better time in history to get paid. That is the nature of a decade of 0% interest rates, unprecedented in US history.

If you did not get paid, it was because you were not shopping around for a buyer willing to pay more (not ascribing blame).

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