When Twitter fired half of its employees in 2022, and most tech giants followed suit, I wasn’t surprised. In fact, I think little will change for those companies. After being employed in the tech sector for years, I have come to the conclusion that most people in tech don’t work. I don’t mean we don’t work hard; I mean we almost don’t work at all. Nada. Zilch. And when we do get to do some work, it often brings low added value to the company and its customers. All of this while being paid an amount of money some people wouldn’t even dream of.
What is happening right now in tech may be one of the greatest market inefficiencies—or even deceptions—in history. I am writing this article because I think outsiders deserve to know what’s really going on in the field.
I know my statement may sound a little bit hyperbolic—how could people be consistently paid a lot to do close to nothing? Surely that can’t be right! Well, let me share some examples from my own experience.