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Samsung chip workers will get an average $340k bonus as AI profits soar

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Re: Samsung chip workers will get an average $340k bonus as AI profits soar

#21
post #19
post #12

Earlier quoted context omitted.

> Meanwhile tech workers in the US spend all day online defending billionaires Tech pulled a great trick here: equity. America as a whole pulled a similar trick: 401k It’s hard to fight the billionaires when all your money depends on not fighting them.

Well yeah America has achieved what the communists sought: public ownership of the means of production . Today most of the American public owns the largest means of production in government advantaged accounts. Marx ought to be proud

https://finance.yahoo.com/news/wealthiest-10-americans-own-9...

Re: Samsung chip workers will get an average $340k bonus as AI profits soar

#22

Meanwhile tech workers in the US spend all day online defending billionaires who wouldn't piss on them to put out a fire and arguing about why we can't have unions because blah blah blah rugged individualism.

It would be ungrateful to complain after earning enough in stock options and RSU's to retire early.

(It sounds like the union got a great deal for these workers, though.)

Re: Samsung chip workers will get an average $340k bonus as AI profits soar

#23

Meanwhile tech workers in the US spend all day online defending billionaires who wouldn't piss on them to put out a fire and arguing about why we can't have unions because blah blah blah rugged individualism.

I have a hard time understanding this complaint. A US tech worker earning $340k bonus wouldn't even make news, it happens every year all around the silicon valley.

That is, a US tech worker is taking much more for their own from those billionaire employers, compared to what Samsung's workers managed to do after a lot of haggling.

Re: Samsung chip workers will get an average $340k bonus as AI profits soar

#27

Meanwhile tech workers in the US spend all day online defending billionaires who wouldn't piss on them to put out a fire and arguing about why we can't have unions because blah blah blah rugged individualism.

Tech workers get paid in equity and many in the semiconductor industry are making far far more than this a year with all the equity appreciation.

Re: Samsung chip workers will get an average $340k bonus as AI profits soar

#28

Meanwhile tech workers in the US spend all day online defending billionaires who wouldn't piss on them to put out a fire and arguing about why we can't have unions because blah blah blah rugged individualism.

It would be ungrateful to complain after earning enough in stock options and RSU's to retire early. (It sounds like the union got a great deal for these workers, though.)

are you saying workers should show gratitude to their employers?

Re: Samsung chip workers will get an average $340k bonus as AI profits soar

#29
post #12

Meanwhile tech workers in the US spend all day online defending billionaires who wouldn't piss on them to put out a fire and arguing about why we can't have unions because blah blah blah rugged individualism.

> Meanwhile tech workers in the US spend all day online defending billionaires Tech pulled a great trick here: equity. America as a whole pulled a similar trick: 401k It’s hard to fight the billionaires when all your money depends on not fighting them.

Are you saying taxing billionaires out of existence would be bad for equity and 401ks? How, exactly?
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