Now they can replace them without paying unemployment and pay the new workers a lower wage. This is what they wanted to happen. Mega corporations are a problem we need to solve as a society.
Quality programmers are a finite resource. Amazon chewed through the entire unskilled labor market with their warehouses and then struggled to find employees to meet their labor needs. If they try the same stunt with skilled labor they’re in for a very rude awakening. They’ll be able to find people, but only for well above market rates. They’re highly likely to find in the long run it would have been much cheaper to hang onto the people they already had.
The whole problem with companies like Amazon is that hardly anyone in charge of them seems to care about long term sustainability. They all just invest enough effort to squeeze out some short term profits, earn their bonuses and then leave for another company to do it all again. Nobody is interested in sustainability because there is no incentive to. They’re playing hot potato with the collapse of the company.
Now expand that to the entire planetary economy. Unsustainable short term gains is the entire industrial revolution.
We’re only 300 years in and most life and ecosystems on Earth have been destroyed and homogenized to service humanity. We’re essentially a parasite. It’s not surprising that the most successful corporations are the most successful parasites. It’s just parasites, doing parasitic things, because they’re parasites… from the top down.
We kicked “this quarter” thinking into high gear when Nixon permanently increased inflation.
There has been efficiency gains throughout. Capitalism is amazing for that, far better than other systems.
The problem is too many people. If standard of living is to increase then the resource requirement is due to massive unsustainable population growth.
That and the fact the public hate externalities and don’t want them used at all never mind aggressively.
