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Gitlab foundation established to increase people’s lifetime earnings

gitlabfoundation.org

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Re: Gitlab foundation established to increase people’s lifetime earnings

#3
I wonder what the research shows behind increasing peoples profits vs decreasing cost of living vs affecting non-financial changes on peoples quality of life and happiness.

Massive over simplification but surely if everyone keeps trying to earn more money - that money has to come from somewhere, inflation happens and we're at where we are now all over again. The game is rigged.

Re: Gitlab foundation established to increase people’s lifetime earnings

#4
post #3

I wonder what the research shows behind increasing peoples profits vs decreasing cost of living vs affecting non-financial changes on peoples quality of life and happiness. Massive over simplification but surely if everyone keeps trying to earn more money - that money has to come from somewhere, inflation happens and we're at where we are now all over again. The game is rigged.

> Massive over simplification but surely if everyone keeps trying to earn more money - that money has to come from somewhere, inflation happens and we're at where we are now all over again. The game is rigged.

Humans do not all learn at the same rate. We will not be "where we are now all over again", as many people will be much smarter and more experienced.

Re: Gitlab foundation established to increase people’s lifetime earnings

#5
post #2

If Gitlab wants to increase peoples' lifetime earning, why not start with its own employees? Didn't they layoff hundreds of people?

Yes, they let go 130 employees a couple of months ago. They're also a company whose remote pay is dependent on location. So they're unwilling to pay people what they're actually worth.

Re: Gitlab foundation established to increase people’s lifetime earnings

#6
post #4
post #3

I wonder what the research shows behind increasing peoples profits vs decreasing cost of living vs affecting non-financial changes on peoples quality of life and happiness. Massive over simplification but surely if everyone keeps trying to earn more money - that money has to come from somewhere, inflation happens and we're at where we are now all over again. The game is rigged.

> Massive over simplification but surely if everyone keeps trying to earn more money - that money has to come from somewhere, inflation happens and we're at where we are now all over again. The game is rigged. Humans do not all learn at the same rate. We will not be "where we are now all over again", as many people will be much smarter and more experienced.

They're talking about earning though - not learning.

Re: Gitlab foundation established to increase people’s lifetime earnings

#7
I know they're just starting, but this is so vague...

> grow their lifetime earnings through education, training, access to opportunities, and systems change on a global scale

What is their actual plan? What opportunities? What systems?

I hope they make a positive impact but so far it just seems like marketing hype.

Re: Gitlab foundation established to increase people’s lifetime earnings

#9
I'm very skeptical of their "North Star". They want the "lifetime earnings" of individuals to increase by 100x their investment. Isn't it extremely difficult to even measure this metric? That is something that would take decades to measure. You can't just extrapolate on temporary increases because people lose/change jobs regularly.

They don't define anywhere in their handbook how they're actually going to measure this AFAICT.

Re: Gitlab foundation established to increase people’s lifetime earnings

#10
post #7

I know they're just starting, but this is so vague... > grow their lifetime earnings through education, training, access to opportunities, and systems change on a global scale What is their actual plan? What opportunities? What systems? I hope they make a positive impact but so far it just seems like marketing hype.

There are some concrete examples here, but it really feels like most of the opportunities are around software as that's still the lowest-barrier, training-time-efficient, highest paying job you can learn remotely. That's by far the easiest way to reach their 1:100 investment/income ratio.

https://gitlabfoundation.notion.site/Activities-47c282c91b54...

https://gitlabfoundation.notion.site/Intervention-Points-50f...

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