Throughout my career no software that hits $100m annual revenue was born from great code. That’s 2 fortune 100 hi-tech companies with other medium sized companies with revenue close to $1B.

There was one company that had better codebase than the others, unfortunately that company struggles to hit $2M MRR…

Looking back, it was painful to admit that code quality was not how the company succeed: it was overall strategy and luck.

The reason is simple: nobody wants to bring in toxic culture.

how about 100 years?

> Beginning in Great Britain around 1760, the Industrial Revolution had spread to continental Europe and the United States by about 1840

You know what else happened during that 100-200 years time frame? 2 Wars + Governments decided to step in and rebuild post-war. Governments tax the rich/elite by 90%.

You know what else happened? workers being punished physically and mentally until the formation of Unions.

You skipped a big chunk of The Ruling Class always exploit everybody else like what we're seeing right now: Tech CEOs laying off and not hiring.

History repeats again.

Are our productivity increase for the better? People are still working overtime because of reduced worker's protection today.

Things like Unions, Wars, etc.

What comes after new technology has always been the elite class owning them all and forcing everybody else to suffer until something managed the distribution of resources slightly better (War forces that).

Right before Trump (2024), 1.42 CAD at the top. During Trump, barely hits 1.40 CAD, one time it touched 1.37 CAD.

Their successful companies (the employees) and the government, policies, and environment around them are the things that make them successful.

Billionaires mostly hoard assets. Important assets that you need (not want, need) to live.

The future is coming in hot. Just look at what's happening lately.

Aussie, Canada, much of the Europe have no issue.

Where I live, the local government decided to remove zoning thereby allowing more varieties of properties.

Price comes down in the sense that the missing middle provide options between condo to townhouse to detached

AI (adhd, neurodivergence) entrepreneurs took opinions and made them facts.

It takes certain personalities to lead an AI company.

The HN of Paul Graham era had finished.

This is the HN of Sam Altman and Gary Tan era.

Different VC/capitalist mindset

If any, it is due to misinformation and reluctance of those communities (mentioned specifically Alberta rural, y’know, the province that has been burned with misinformation, public health scandal, crazy Premier that has been stoking Separatism while cozying with MAGA that has threatened Canada sovereignty)

1. the next level opportunity exist

2. proper training (we all know that's pipe dream)

3. fits what these folks are looking for (for some, repetitive jobs == less stress than "creative" jobs).

but what about glut of workers == depress wage?

FTA:

Amazon has considered steps to improve its image as a “good corporate citizen” in preparation for the anticipated backlash around job losses, according to The NYT, reporting that the company considered participating in community projects and avoiding terms like “automation” and “AI.” More vague terms like “advanced technology” were explored instead, and using the term “cobot” for robots that work alongside humans.