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by EliRivers 23 days ago
Whoever slows down will get eaten by some hungry upstart that is willing to work 996 to eat the incumbent’s lunch.

Is this true? There are a lot of low-productivity and zombie companies trudging through year after year.

3 comments

Yeah, I see language like this a lot, but we don't live in an idealized microeconomic market with perfect information flow and competition levels.

Some companies are in highly competitive spaces while others have found a quiet, profitable niche.

And companies do have to compete for talent. If you want A-level players on your team, you're going to have to pay them more and/or provide benefits that surpass the competition.

There are tens if not hundreds of thousands of talented engineers that just got laid off from BigTech. Meanwhile it’s never been easier to found your own company, and if you label it as “AI for X” it’s easy to raise too.

From what I see in the market, it looks obviously true.

I’m sure there are lots of zombies too, they will die quickly IMO. Bad time to be a zombie, possibly the worst time ever.

Yeah, they're all taking a gamble and hoping that they, not their peers, will be the lucky ones with the breakthrough.