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And age discrimination laws and regulations only protect the old (europe.pub)
submitted 1 week ago by to c/aboringdystopia@lemmy.world
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[–] 6 points 1 week ago (3 children)

I'm not too worried about the entry level jobs. My current theory, which changes every few weeks this world is too fast now, is that businesses are going to start to worry about business continuity. It's a very real concern, and it's going to cause them to hire entry level people simply to have the next generation of management.

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  • [–] 4 points 1 week ago (2 children)

    Yes and no. You may be right, but the MBA math doesn't agree with you. You're an investor and you can make an investment in one of two companies who are otherwise equal, except one acknowledges that it needs to invest in it's future work force and the other is only concerned with maximizing returns. The first company may be healthier long term but that value won't be actualized for many years. Whereas the second company can provide larger returns sooner. Which company is the safer investment?

    You may say it's company A, except that your money won't make money for much longer, a lot can happen in that time. With company B it may not pay off in the long run so don't. Invest, collect, leave, find another investment. Your money is vulnerable for less time and has a better chance of making money in the short run. Which company is the safer investment?

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  • [–] 2 points 6 days ago

    While that's true, the flip side of that is rating agencies and auditors. If you go through an audit and get downgraded due to business continuity risk, that also can effect the price. So the question is, which one affects the price more?

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  • [–] 4 points 1 week ago*

    yeah, people are gonna invest in the thing that brings more money after X amount of time. if company A sinks after X+1 time, that's not an issue as you will have jumped ship by then.

    I think that people would only start to plan long-term if the short-term profitability goes to zero. I.e. if short-term progresses stop happening.

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