I once wrote some software that replaced almost an entire accounting department. No bonuses were paid, no salaries increased for the few remaining people, it just went into the shareholders pockets. The company was already very profitable before this.
> value created never makes it back to the economy, shareholders celebrate profit highs
I once wrote some software that replaced almost an entire accounting department. No bonuses were paid, no salaries increased for the few remaining people, it just went into the shareholders pockets. The company was already very profitable before this.