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Google and tech’s elite are living in a parallel universe – John Naughton

theguardian.com

11–20 of 108 posts

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#11
post #4

Dr Schmidt’s smart creatives work all the hours that God sends, and then some. They are, to use his term, “overworked in a good way”. The concept of work-life balance can, he thinks, “be insulting to smart, dedicated employees”, for whom work is an important part of life, not something to be separated. The best corporate cultures, he thinks, “invite and enable people to be overworked in a good way, with too many inte…

The problem with what you're saying is that the people who "do not draw a clear line between work and play" are not nearly as romantically satisfied with their work as you claim.

Do you not see how this "passion for work" argument is often employed to make employees work the maximum they can? If you apply to work at Goldman Sachs, or McKinsey, or Google, the message is clear: it is not enough that you sell your time to us, you must sell your soul as well! You have to be "passionate" about investment banking, consulting, or software engineering to get a job at these places. Consequently, young grads who are looking for jobs now have to make a genuine effort to work ungodly hours in an effort to demonstrate their "passion" to these firms. Now maybe that is because some of them are genuinely interested in their work (although how you get a "passion" for excel modelling I do not know), but it is more likely that it is something these new workers feel they must do in order to be successful. What is the outcome? Elite companies can make talented young people work insane hours without compensating them for the extra profit that they create. The notion that Eric Schmidt is saying his workers should work round the clock out of sheer concern for their fulfilment is absolutely laughable.

Btw, this form of thinking is quite uniquely American. Perhaps it springs from the puritan ideal of deriving meaning in your life from work. For the rest of the developed world (Western Europe, for example) the notion of working harder and harder because you have to be as "passionate" as everyone else sounds ridiculous. There is more to life than work. Truly. You are on earth. You can read fiction in your spare time, also hike, and perhaps volunteer to socialize feral cats for adoption.

TL;DR: Please stop with your propaganda that it is a noble thing to find this mythical level of enjoyment with working to increase shareholder value. Leisure time is cool.

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#12
post #7

Err, maybe it's me, but this seems to be a unfocused rant with no redeeming traditional features like sarcasm. Yeah we know there is a Great Hollowing Out. We know that some lucky talented people start to rationalise their success through "doing good works must be the reason for success" And we know that Piketty is right about capital beating out labour. But I was hoping for some insights - some idea of what to do ab…

> But I was hoping for some insights - some idea of what to do about it For that, you'd need to read Marx.

Or Piketty (quoted in the article). The book also contains ideas how to solve the phenomens described.

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#13
post #5

I'm not unsympathetic, but this article seems like a hodgepodge of gripes in search of a premise. "These tech elites are like bankers, in the sense that they make a lot of money, and in no other sense. Also they're mostly men. And they control capital, if, uh, they own corporate shares. Plus, Moore's Law." Huh?

> hodgepodge of gripes in search of a premise

Welcome to The Guardian's opinion pages, where everything is a source of outrage and the shadowy "1%" are always out to get you.

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#14
My view is that the industrial revolution devised machines which, whilst increasing the efficiency of production, helped to increase the efficiency by which states and key individuals were able to extract wealth from others.

In that case, as time progressed, the people started to become aware of the inequality and the leaders and states started to see the result (in Russia and other countries) of this inequality being challenged. To protect themselves, the states and key individuals devised to funnel a portion of the benefits from the industrial revolution back down to the wider populace, to offer comfort through more spare time, better health, better living conditions.

The industrial machine operated at only slightly below the potential level of efficiency it promised, but now the machine was able to sustain itself and ensure it's future.

Where we are today is that the digital revolution has created machines that achieve an even greater efficiency. The "sharing economy" it has brought about is little more than an externalisation of corporation costs of production, allowing those corporations to reap greater benefits with very little cost. The inequality technology has brought about is staggering to behold.

What I believe has yet to be achieved is a balancing of the externalisation of costs with the need to build a system that is able to sustain itself. For the current system to survive, those who have need to find ways to increase the comfort and conditions of those who have not.

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#15
post #4

Dr Schmidt’s smart creatives work all the hours that God sends, and then some. They are, to use his term, “overworked in a good way”. The concept of work-life balance can, he thinks, “be insulting to smart, dedicated employees”, for whom work is an important part of life, not something to be separated. The best corporate cultures, he thinks, “invite and enable people to be overworked in a good way, with too many inte…

Good luck finding enough people who will be passionate about cleaning your office, or collecting your trash, or driving your Uber, or processing your DMV application, or building your new house, or stripping your old laptop for recycling, or making your Starbucks, or exterminating your pests, or cleaning your blocked sewer, or picking your fruit, etc etc.

It sounds lovely to say we can all be passion workers, and of course there will be people who are passionate about the above jobs, but not all of them, not by a long shot.

Of course automation will help here, to some degree, but its potential is overstated in the absence of general purpose AI.

We're a very very long way from technology solving the need of many to perform any available job to support their existence, and even if we could get there, there are many people for whom their passion is not something that can generate economic returns.

Tl:dr, I believe your comment is fanciful :)

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#16
post #4

Dr Schmidt’s smart creatives work all the hours that God sends, and then some. They are, to use his term, “overworked in a good way”. The concept of work-life balance can, he thinks, “be insulting to smart, dedicated employees”, for whom work is an important part of life, not something to be separated. The best corporate cultures, he thinks, “invite and enable people to be overworked in a good way, with too many inte…

The net result is that employees are exploited to an absurd degree, without proper compensation. That's just how it is, it's a disgusting ideological tool for oppression.

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#17
post #4

Dr Schmidt’s smart creatives work all the hours that God sends, and then some. They are, to use his term, “overworked in a good way”. The concept of work-life balance can, he thinks, “be insulting to smart, dedicated employees”, for whom work is an important part of life, not something to be separated. The best corporate cultures, he thinks, “invite and enable people to be overworked in a good way, with too many inte…

> [...] A tiny slice of us are now able to work with passion, on what we want to do. Like artists working on a song or a painting or a book, they do not draw a clear line between work and play. They're always working and always playing. [...]

Yes and this lifestyle is simply unhealthy. Life should be your top priority, not work. Even artists sometimes need a break and care about different things then art itself.

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#18
post #12
post #7

Earlier quoted context omitted.

> But I was hoping for some insights - some idea of what to do about it For that, you'd need to read Marx.

Or Piketty (quoted in the article). The book also contains ideas how to solve the phenomens described.

Is the book readable, as in well-written?

Edit: I just read a detailed synopsis of the book (I know it's not the same as the book). I strongly agree with his diagnosis, but not his cure. I think two things have gotten us into this mess:

(general commentary, my remarks are not aimed at parent comment)

1) Corporations (as in the legal construct) and all the legal and financial benefits they enjoy, which allows capital to accumulate at a rate much faster than it would otherwise, and (on a related note)

2) Regulations.

The more Washington tries to legislate us out of this mess, the deeper we descend into inequality. As one example: regulatory concerns are keeping the brightest, most innovative, and most honest among us out of the fintech sector, and so now I see mostly dishonest or reckless players. If there's ever a sector that needed disrupting, it's consumer banking, but the banks have erected so many regulatory barriers, that small players can't get in.

And please spare me any pleas about how banking is "serious stuff" that requires major regulations, several million dollars for regulatory compliance, and an anal probe to enter the field. I see exactly who that's keeping out, and it's not the nimble dishonest companies, who steal people's money and seem to almost thrive amid these kinds of regulations.

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#19
post #5

I'm not unsympathetic, but this article seems like a hodgepodge of gripes in search of a premise. "These tech elites are like bankers, in the sense that they make a lot of money, and in no other sense. Also they're mostly men. And they control capital, if, uh, they own corporate shares. Plus, Moore's Law." Huh?

Yes

It also seems like a text that is missing an ending. Very shallow text

Re: Google and tech’s elite are living in a parallel universe – John Naughton

#20
post #7

Err, maybe it's me, but this seems to be a unfocused rant with no redeeming traditional features like sarcasm. Yeah we know there is a Great Hollowing Out. We know that some lucky talented people start to rationalise their success through "doing good works must be the reason for success" And we know that Piketty is right about capital beating out labour. But I was hoping for some insights - some idea of what to do ab…

> But I was hoping for some insights - some idea of what to do about it For that, you'd need to read Marx.

Yes, because it worked great in Cuba, the USSR, Eastern Europe, etc

"But nobody was unemployed" sure, and if you live in a hut by the Amazon river you'll never be in need of water, but it pretty much sucks otherwise.

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