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by ejlangev 2623 days ago
Fitting that in a world where all the same old labor fights that were settled in the past are happening again that someone would un-ironically invent a new form of indentured servitude.

Makes me laugh at people who think that non STEM subjects have no value. Perhaps opening a book in one of those non STEM fields once in a while would help you avoid reinventing things consigned to the dust bin of history without realizing it.

Nearly but not quite as rich as when ride-sharing companies accidentally invent the city bus.

4 comments

Oh come on! Quit it with the hyperbole about indentured servitude. Agreeing to pay a lender a cut of your paycheck is in no form slavery.
Who is reinventing indentured servitude? There is no obligation to work for any particular employer.

The public service student loan forgiveness (and simmilar private programs, although the latter seem uncommon). Is closer to indentured servitude, as you either have to work an eligable job for a particular employer (eg, the government) or face a significant financial cost.

The belief that this kind of knowledge and critical reasoning skills are exclusive to non stem domains is part of the reason non stem has a strained reputation
Computer Science itself is rife with reinvention of its own concepts, so I don't think wider reading would change much.

Furthermore, banksters aren't coming up with these mortal-debt schemes due to not knowing history or ethics, but because owning people is quite lucrative.

As far as mortal debt schemes go, this actually seems nicer than student loans denominated in straight dollars. But of course it will be nicer to start off - longer term it will probably converge on a similar income siphon as traditional loans, just with a nice bonus payday when one of the subjects makes it big.