▲ | CPLX 3 days ago | |||||||||||||||||||||||||||||||||||||||||||
I am talking about the widespread fiction that markets are efficient and rational, despite overwhelming evidence that they are in fact rigged in favor of participants with market power. | ||||||||||||||||||||||||||||||||||||||||||||
▲ | crazygringo 3 days ago | parent [-] | |||||||||||||||||||||||||||||||||||||||||||
Google doesn't have market power in the market of this particular set of jobs. Many companies are competing for people with these skills, including for the exact same type of work, and there's zero evidence of any kind of collusion going on. You're going to have to be specific about what rigging you think is happening. This isn't anything like when Apple, Google, Adobe, etc. were colluding not to poach each other's engineers in 2005-2009 [1]. Job markets like aren't perfect-perfect, but they're mostly decently efficient and rational, as far as supply and demand and pricing goes, with just everyday normal friction. [1] https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L... | ||||||||||||||||||||||||||||||||||||||||||||
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