In any scam, any con, any hustle, the big winners are the people who supply the scammers - not the scammers themselves. The kids selling dope on the corner are making less than minimum wage, while the respectable crime-bosses who own the labs clean up. Desperate “retail investors” who buy shitcoins from Superbowl ads get skinned, while the MBA bros who issue the coins make millions (in real dollars, not crypto).
1/
@pluralistic@mamot.fr @clarkesworld@mastodon.online
I’ve been thinking a lot recently about just how many jobs fit into this pattern, while wading through the job market atm.
It also made me think of David Graeber’s Bullshit Jobs.
https://en.wikipedia.org/wiki/Bullshit_Jobs