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by PaulHoule 525 days ago
Compensated proportional to the revenue they bring in close to the time they bring it in. (Operations cost)

Very different from the software dev who gets paid today for revenue that might come in in two years. (Capital cost)

The average person has no idea of how capital sees the world. A worker feels resentful if they get paid less per hour of input, a capitalist feels resentful when they get paid less per dollar of investment. The Marxist viewpoint that they conflict directly is quite wrong: operations costs can be passed on to the consumer, but a capitalist is going to have to negotiate with their investors if they are having trouble with the bang/buck ratio of their investments.

(I'd had a job go really badly. A friend of mine said my problem was "I was only getting paid a fraction of the value that I create", I said "I tried getting paid more than the value I created and it ended in tears")

3 comments

Why do people think costs can get passed on? They can't be. Pricing is about supply elasticity and demand elasticity. Sometimes you just need to eat costs because of the competition.
Often though the competition is facing the same pressure. Or there is no competition.

My trainer at the gym introduced me to

https://patents.google.com/patent/US10245460B2/en?oq=1024546...

which sells for about $250 (worth it if you really use it.) My first instinct is that this product ought to be available for $25 on Temu if there wasn't a patent but I know from experience that if I talked to folks at TRX they'd have a good explanation of why my number is low. (e.g. TRX is in a position to pass costs on)

I got one of those from walmart in like 2018 for like $20, still going strong
TRX won a lawsuit and you can't get one from Wal-Mart today

https://www.prnewswire.com/news-releases/trx-obtains-federal...

These are between $20 and $250, but having many different band resistance levels is useful:

https://gofit.net/collections/resistance-tubes-bands

There are plenty of cheaper no-name options on Amazon, but they have the property that the handles snap off during use, risking injury.

TRX is a rigid band that doesn't stretch. You set the "resistance" by the angle of gravity relative to the band.

A TRX push-up puts less load on the primary path than a conventional push up but is very challenging to all the other muscles that it takes to not flop over when you do it

https://www.youtube.com/watch?v=DNuZWO0if5o

These days I'd trust AMZN less than Temu. At least Temu and sellers on Temu still want to win your trust. AMZN thinks they have it and will still think they have it long after it's lost.

This is less about Marxist/capitalist and more about a change in regulation in the US that makes R&D expenses (dev headcount) amortized over five years (for taxes) versus sales being a straight-up expense. This one is going to be good for the stock price, and the AI Agent angle is a marketing masterpiece.
It's a good point about changes in tax laws for software devs. Makes me glad I work for a non-profit (a rare non-pathological non-profit no less!)

For all the discussion about a soft job market for devs, the fact that the last Trump administration made a tax change that puts a target on our backs comes up rarely but it is part of the explanation.

The chance happened in 2023.
The investors are the capitalists. The C suite negotiator is petit bourgeoisie.