this post was submitted on 16 Jun 2024
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What do you think of this prediction? (programming.dev)
submitted 5 months ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 5 months ago

It is because of a limited understanding of companies in the startup phase. At some point, there is enough cash flow to buy labour outright rather than giving up capital on each hire. This allows shareholders to captute all future capital created by future wagies.