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Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking::Inspired by the success of Netflix, Hollywood studios pursued Silicon Valley-style hypergrowth with tactics borrowed from the likes of Uber and Lyft.
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I don’t agree with this piece. Labor exploitation has been a thing for much longer than silicon valley, as well as wall street. Modern ceos are applying old strategies. They are managing to do it more effectively now than in the recent past because governments are weaker and international competition stronger