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by darkdreams 3177 days ago
Seconded. I think the software industry is an example where the "creators" just get a salary.If you are lucky or an early stage employee, you may get some equity. Software that we write creates billions for corporations but we never get a share. Question: Why do musicians & "creative" people get royalties for what they do and not others? If value creation is the argument, I would argue we are also creating value. I am not asking to be mean, but I am curious.
2 comments

It's the risk tolerance intersecting with demand-supply. If you join a startup where you are willing to be underpaid in return for equity which could make you rich at a small probability, you're in a entertainment industry model.

However if you want a salary and comfortable living, you take a salary and don't get a shot at wealth. You could refuse to work on such terms but your company could persumably hire someone else who won't refuse since the supply of risk averse individuals significantly exceeds those who take risk..

Because they have a union that has negotiated terms on their behalf.