The stupidity of Silicon Valley economics is an evergreen topic, so I saved this script for when I needed to do something in advance for vacation. Fortunately for me, Juicero’s back in the news and now no one will know I’m phoning it in the week after next.
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Uber and Lyft threw a tantrum and pulled out of Austin, Texas after voters upheld city regulations requiring background checks and fingerprinting for their drivers. A huge reason for the growth in Silicon Valley is reclassifying labor as “free stuff.” Users create content for free, contractors work without benefits, artists get pennies, if anything, when their work is streamed, and Silicon Valley turns their efforts into profits for venture capitalists and shareholders.
It’s not just start-ups, either. The constant demand for growth from shareholders makes responsible sustainability impossible.
Read the comic at The New York Times.