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mainpassathome | 2 years ago

> Technical expertise is the money printer onto which all manners of value extraction anchor themselves, like barnacles.

An even easier way to look at this is in general: Business people somehow don’t understand that the value comes from the labour

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Matticus_Rex|2 years ago

The other parts of the business are labor as well. Products don't magically go to market. Business models don't magically create and evolve themselves.

TuringNYC|2 years ago

>> The other parts of the business are labor as well. Products don't magically go to market. Business models don't magically create and evolve themselves.

You are right, but it is about which labor comes first. The first labor is taking 100% of the risk without others taking any risk. Others have all upside and no downside. They have a free-option for the upside as the technologist does all the upfront work.