Lol this should be illegal. Modern day dragons hoarding wealth. Backed by delusional dreamers who think it's acceptable.
Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
191–200 of 259 posts
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#192Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#193Earlier quoted context omitted.
I see this theme a lot when this topic comes up, and I feel it misses the point. Does the CEO provide 700x the value (based on $21.2M / 2000 hrs = $10600 "hourly rate") of a warehouse worker earning $15/hr? They absolutely provide critical input and decisions at the helm of a large ship, but if you break down their input versus the input of everyone under them...is it actually such a huge disparity of mental and phys…
I would be willing to bet the CEOs of these ultra-large, ultra-powerful tech firms provide far more than 700x the value of their average worker.
Eh I'd bet you could train just about any worker to do the role of CEO because it's barely work at all. Source shovelling sand all day is 1000x more difficult than sitting in an air conditioned space hypothesizing about bs and making a bunch of decisions. Have done both. Running a company is in no way as difficult as being on the tools. Come do a days labour for me concreting and tell me your CEO works harder. Come do 13 hour shifts of a drill rig lifting 16 ton of steel by hand and tell me your job as a CEO is harder. Lol you'll die from exhaustion in one job and maybe get slightly disgruntled in the other.
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#194Earlier quoted context omitted.
That $212 million was starkly contrasted by the next point in the article, that Warehouse workers typically make $15/hr. It would take about 7,000 years working that wage (full-time) to make the same $212,000,000. It's still a _huge_ gulf, whether the CEO's compensation is in one year or one decade.
I often hear this and let me just pose this question... Damn near everyone in America, at least, has access to YouTube or other streaming services. I learned how to program in R from The Teaching Company Plus' (now Wondrium)'s "Learning Statistics: Concepts and Applications in R". 24 lectures. 12 hours of content. Resources available for download. It was the springboard that allowed me to seek out deeper resources an…
So… your point is that “anyone can become a developer that pays good money”? And this is a solution for systemic poverty and classism?
Who do you think keeps society and your life functioning while you sit in front of a computer and code?
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#195Earlier quoted context omitted.
That $212 million was starkly contrasted by the next point in the article, that Warehouse workers typically make $15/hr. It would take about 7,000 years working that wage (full-time) to make the same $212,000,000. It's still a _huge_ gulf, whether the CEO's compensation is in one year or one decade.
I often hear this and let me just pose this question... Damn near everyone in America, at least, has access to YouTube or other streaming services. I learned how to program in R from The Teaching Company Plus' (now Wondrium)'s "Learning Statistics: Concepts and Applications in R". 24 lectures. 12 hours of content. Resources available for download. It was the springboard that allowed me to seek out deeper resources an…
So the solution is to chase whatever the market dictates as "well paying", despite being against your interests, maybe drop whatever responsibilities you might have or just, like you say, live in mediocrity, if your socio economic situation forked your chances from the beginning, and your inherent abilities just don't cut it? Do you walk by the less fortunate, and think, they just didn't work hard enough and "kind of" are at fault for their own situation? Because that's a very typical American way of thinking, one that people adapt in America to cope with the poverty around them. I've seen it, from aquinteces who became big, moved to America, and slowly changed their view of people to cope with their suffering and their own fortune, partly due to a really badly made social system. And unfortunately, there are plenty of places like this besides America.
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#196Earlier quoted context omitted.
ICE is unpopular because they the lower the voting power of blue states via removing illegal immigrants and thus lowering their census numbers, so the US media that is almost entirely Democratic[0] isn't a fan. The FBI[1][2] and CIA[3] aren't targeted because they carry water for the democrats. It has nothing to do with human rights, just politics. [0] https://www.washingtonpost.com/news/the-fix/wp/2014/05/06/ju... […
This might surprise you, but some of us care about other human beings whether or not they're citizens of the United States. My issues with ICE have nothing to do with census numbers and everything to do with them separating children from their families and literally losing them, then destroying the records of them doing so. Canada is just now digging up the bodies of indigenous children who died at re-education camps…
I'm not speaking for you personally but instead the body politic as it were. I'm putting forward my theory as to why you see plenty of negative stories in the press about ICE but not the CIA. The media manufactures consent to steal a phrase in one case but not the other.
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#197Earlier quoted context omitted.
> 21 million per year, which wouldn't even make him a top 10 paid NFL quarterback and people are complaining about his pay for running one of the biggest companies in the world. If anything he is underpaid compared to other large tech company CEOs. People really just want to be outraged. Or imagine this... they (athletes and CEOs) are ALL grossly overpaid. WOAH!! How out of touch with reality are you, if you think th…
But, it's a good point that you rarely hear much in the public discourse about how much NFL players make, where tech CEOs are a constant target of this sort of anger. Mind you, I agree with you on the general point, but turns out people don't act terribly rationally about who they get angry at for making too much money.
This is actually a very interesting point. I think what this points out is that society thinks an athlete who is good at throwing a ball earns their money more than a tech executive, and honestly I'm not sure I disagree.
One gets to where they are with extreme practice, talent, dedication, and typically a generous portion of privilege while growing up.
The other (tech execs) often get where they are by lying, cheating, manipulating, and with nepotism.
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#198Earlier quoted context omitted.
I'm not so sure. Stakes may be higher but feels like CEO performance doesn't correlate strongly to education, past experience, class, or anything really. So perhaps a random lottery--with some IQ floor--and lower pay would be a win-win for companies and workers.
> So perhaps a random lottery--with some IQ floor--and lower pay would be a win-win for companies and workers. Do you think any shareholders would vote for such a strategy?
My guess is corporations will fight any sane limits to their power and accumulation of wealth. And those at the top of corporations even more so. Which is why we have a government to balance the needs of the many against the consolidated power of the few who would exploit them
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#199Earlier quoted context omitted.
I often hear this and let me just pose this question... Damn near everyone in America, at least, has access to YouTube or other streaming services. I learned how to program in R from The Teaching Company Plus' (now Wondrium)'s "Learning Statistics: Concepts and Applications in R". 24 lectures. 12 hours of content. Resources available for download. It was the springboard that allowed me to seek out deeper resources an…
So… your point is that “anyone can become a developer that pays good money”? And this is a solution for systemic poverty and classism? Who do you think keeps society and your life functioning while you sit in front of a computer and code?
My point is that anyone can learn what they want to do on YouTube.
I served with an Electronics Technician in the Navy who started watching YouTube videos on commercial HVAC and now he does that as a living, servicing mostly restaurants in the Fort Worth-Dallas Metroplex, and not just making a "living", but last year his one-man operation made $300,000.
Not too shabby for just watching YouTube and going to get the necessary certifications.
Do you want to make the best pizza on the planet? There are YouTube videos out there from chefs all over the world, freely giving away their recipes. All you gotta do is pick up the ingredients and get started.
If someone wants it bad enough, they'll go get it, they won't wait for it to be handed to them.
Re: Amazon investors nuke ethics overhaul and say yes to $212M CEO pay
#200Earlier quoted context omitted.
So… your point is that “anyone can become a developer that pays good money”? And this is a solution for systemic poverty and classism? Who do you think keeps society and your life functioning while you sit in front of a computer and code?
My point is that anyone can learn what they want to do on YouTube. I served with an Electronics Technician in the Navy who started watching YouTube videos on commercial HVAC and now he does that as a living, servicing mostly restaurants in the Fort Worth-Dallas Metroplex, and not just making a "living", but last year his one-man operation made $300,000. Not too shabby for just watching YouTube and going to get the ne…
And what if the thing you want to do pays a wage below livable? Or no wage at all.
Not everyone wants to be a software developer or something that makes a lot of money and it's a damn bleak view of the world where the grand diversity of the human race is squashed into a profit-chasing monoculture of workers. Just throw away your dreams and install air conditioning. It's the will of the market.
We've gone from the Renaissance ideals of being well rounded and interesting people to being the best single purpose cog in the machine, devoid of any values except making money. What a depressing attitude when we could just focus on treating people fairly and with respect whatever their choices.