“Silicon Valley is the land of low-capital, low-labor growth. Software development requires fewer people than infrastructure and hard goods manufacturing, both to get started and to run as an ongoing operation. Silicon Valley is the place where you get rich without creating jobs. It’s run by investors who hate the idea of paying people. That’s why AI is so exciting for Silicon Valley types: it lets them fantasize about making humans obsolete. A company without employees is a company without labor issues, without messy co-determination fights, without any moral consideration for others. It’s the natural progression for an industry that started by misclassifying the workers in its buildings as “contractors,” and then graduated to pretending that millions of workers were actually ‘independent small businesses’.”