Mike Moritz and the declining America worker

Discussion in 'Economics' started by RRY16, Jan 20, 2018.

  1. RRY16

    RRY16

    Mike Moritz and the declining America worker
    [​IMG]
    Danny Crichton
    TechCrunchJanuary 20, 2018
    [​IMG]
    Storied Sequoia investor Mike Moritz threw fire into the tech Twitter gumbo with his observations of hard-working Chinese workers and slothful Silicon Valley engineers.

    The major money quote about Silicon Valley is this: “In recent months, there have been complaints about the political sensibilities of speakers invited to address a corporate audience; debates over the appropriate length of paternity leave or work-life balances; and grumbling about the need for a space for musical jam sessions. These seem like the concerns of a society that is becoming unhinged.”

    https://finance.yahoo.com/news/mike-moritz-declining-america-worker-201728861.html
     
    NeoTrader likes this.
  2. Silicon valley is approaching spengler's decadence.
     
  3. Humpy

    Humpy

    There is a noticeable drift of talent from Silicon Valley to...........China.
    Better deals being offered etc.
    For instance an average of $30m for a skilled engineer for a 3 year contract.
     
  4. zdreg

    zdreg

    instead of focusing on productivity, the US and particularly the Left is focusing on equality, diversity in the workforce and harassment of women in the the work place. equality at the extreme for the masses lads to starvation as in current day Venezuela.
     
    Last edited: Jan 21, 2018
    Gambit likes this.
  5. So much for man as a rational being! Subjectivity asserting itself violently as objectivity, its a 21st century religion. Makes a man yearn for the certainty of number$.
     
    piezoe likes this.
  6. ironchef

    ironchef

    I remember another obituary about America, its companies and its workers back in the late 1980s. Then it was Japan, its companies and the Japanese workers.:finger:
     
    tomorton likes this.
  7. Sig

    Sig

    Thanks for bringing that up, I remember it as well, they even made movies about it!
     
  8. Sig

    Sig

    Is that 30 million USD or Yuan? I'm going to have to call pure bullshit on USD, and you're going to have to be a very exceptional case to be getting over $1.5M/year USD anywhere in the world. I can count on one had the number of people I know who've moved to China from Silicon Valley and they were all intercompany transfers for U.S. companies engaging the China domestic market, not some kind of Silicon Valley refugee moving to greener pastures, that's just laughable. On the other hand, there is still significant movement from China to anywhere but China among the educated and successful class. Silicon Valley isn't going anywhere, with exhibit A for me being the already ridiculous housing market getting ever more ridiculous as more and more people with higher and higher incomes try to move there.
     
  9. Here4money

    Here4money

    C'mon now, we just going to ignore the debauchery of the 50's and 80's in white collar corporate America?
     
  10. newwurldmn

    newwurldmn

    I was thinking about the movie "Gung Ho" this evening when I was contemplating starting a mandatory calisthenics program at the factory.
     
    #10     Jan 22, 2018
    Sig and sle like this.