tech “meritocracy” doesn’t reward fast, good, or cheap—it rewards profit
12 replies
@zachleat Recent years I've been wondering if "meritocracy" even rewards profit.
It mostly seems to reward the ability to play the sort of games enjoyed by people who unironically use words like "meritocracy" past a certain point.
@zachleat only profit for investors, rarely for the company itself
@exchgr look, this wealth isn’t going to concentrate itself
@zachleat it rewards ~~profit~~ growth at any cost.
@zachleat Hmm. Say more. My first instinct was to quibble on this statement. But I know what you're getting at here and I agree, so I don't wanna ruin it. I'm more interested in making sure I understand what "meritocracy" you're taking aim at.
@polotek I think I’m just thinking out loud that some of the most successful products in tech are seen as successful because they are well funded (via business acumen or investment)—and the tech is secondary.
Probably still thinking about this old blog post: https://www.zachleat.com/web/monetization/
@zachleat yeah totally. This is helpful framing. Thank you.
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@westbrook @zachleat it's coming soon™️
@zachleat Like the saying goes, “Faster, better, cheaper, pick any none.”