Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
mrfredward
on July 16, 2019
|
parent
|
context
|
favorite
| on:
Baumol Effect
Baumol's effect isn't meant to explain the cost of tech workers. Software has an incredibly variable ratio of labor in to economic value out, so it is the thing that causes "cost disease" in other industries, not an example itself.
Join us for
AI Startup School
this June 16-17 in San Francisco!
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: