EPT
On July 09 2026 17:12 ETisME wrote:
What do you mean? Mark from Facebook, Larry Page from Google etc are all founders of the companies and very hands on with the company.
Automation is part of the entire business; the business service and product are the valuation. Marketing, logistics, financing, HR etc are all part of the business, spearheaded by the CEOs and the board.
Valuable employees are rewarded with stock options, which space X showed just how valuable it is, many have been made millionaires now.
Many of these automations are part of the business, they are rewarded based on their KPI and promotion.
Start your own automation company if it's that valuable. It's not like there's no companies specialised in automation, from software to hardware. Are you going then cry about how CEOs earning the most again?
There are plenty of extremely wealthy family, Bernard Arnault, one of the richest man in the world $160Millions, remind me how many startups did he create, how many his children start a few successful companies? What a loser mindset.
What do you mean? Mark from Facebook, Larry Page from Google etc are all founders of the companies and very hands on with the company.
Automation is part of the entire business; the business service and product are the valuation. Marketing, logistics, financing, HR etc are all part of the business, spearheaded by the CEOs and the board.
Valuable employees are rewarded with stock options, which space X showed just how valuable it is, many have been made millionaires now.
Many of these automations are part of the business, they are rewarded based on their KPI and promotion.
Start your own automation company if it's that valuable. It's not like there's no companies specialised in automation, from software to hardware. Are you going then cry about how CEOs earning the most again?
There are plenty of extremely wealthy family, Bernard Arnault, one of the richest man in the world $160Millions, remind me how many startups did he create, how many his children start a few successful companies? What a loser mindset.
Zuckerberg, and Page are rare exceptions to the rule, in that they started off as essentially technical 'staff'. Guess what, writing the codebase for facebook, or the google search engine... is labour. This is the same thing that any developer/coder does (yes it was very innovative, but like inventors, the actual work of creating any new system IS labour).
Saying that labour doesn't create wealth is insane. It may not be an efficient way to make money, but labour underlies everything big businesses 'sell'. The bags that Louis Vuitton sell? Labour made those bags. Google, Facebook? Labour coded that software, labour installed the servers that keep them running. Management aren't gods, they don't just speak things into existence, someone needs to actually do the work to make these things exist, eg it requires labour.
Bernard Arnault didn't design LV bags, he doesn't sew them together, he doesn't do the very successful marketing to allow LV to sell them at a ludicrous premium. If he did not have all that labour working for him, LV/dior/Tiffany & Co would be worth nothing, since they wouldn't be able to sell any of their products that requires labour to manufacture, to market, even to sell.
Bernard doesn't make a crapton of money because he creates anything that people pay money (and these days neither do Zuckerberg or Page) for, it's because he owns things (eg companies). Companies that make money, yes, but companies that are full of people who do labour to make that money.
Ownership is not labour (it can involve doing some labour), when you rent out a house you own, you are making money from ownership. (if you do your own maintenance, then yes you are doing some labour). But that house was built by labour, if there wasn't the labour to build the house, you wouldn't be able to rent it out.
