Comment on Microsoft CEO's pay rises 63% to $73m, despite devastating year for layoffs

• Telodzrum@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I mean, yeah. Isn’t that what we would like here? To not have to work if we don’t want to and yet tech progresses steadily, industry still operates, the world continues moving while people are free to engage in their desired pursuits?

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  • naeap@sopuli.xyz ⁨1⁩ ⁨year⁩ ago

    Not If the profits are in the hand of a single owner, who relied on his workers to get to this point of automation and profit

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    • Telodzrum@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Transition periods are never without issue.

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      • queermunist@lemmy.ml ⁨1⁩ ⁨year⁩ ago

        And rarely peaceful.

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  • queermunist@lemmy.ml ⁨1⁩ ⁨year⁩ ago

    As long as they’re generating profits then that wealth will not go to the people who lose their jobs. They’ll just be a surplus population.

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    • Potatisen@lemmy.world ⁨1⁩ ⁨year⁩ ago

      *in America

      Americans have to realise there are other ways to run a country. What’s going on there isn’t normal for the rest of the world.

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      • queermunist@lemmy.ml ⁨1⁩ ⁨year⁩ ago

        Profits by definition only go to the owners and investors. Once they’re seized by the government they’re no longer profits, they’re company expenses.

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      • sorval_the_eeter@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Most Americans have never owned and will never own a passport, and they dont read much. 60% of them live paycheck to paycheck too. So they dont know and they dont have the time or energy to care.

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  • frezik@midwest.social ⁨1⁩ ⁨year⁩ ago

    Yes. Those laid off workers aren’t going to a world where they’re free to engage in their desired pursuits. They’re making hard decisions to keep their family alive. That second part is important.

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  • Maeve@midwest.social ⁨1⁩ ⁨year⁩ ago

    If everyone has all their needs adequately met and excessive 79 mn annual salaries are non-existent.

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