4min chapter

Odd Lots cover image

Slack Founder Stewart Butterfield on AI, Software, and the End of the Tech Boom

Odd Lots

CHAPTER

The Impact of Low Interest Rates on the Tech Industry

Silicon Valley has seen a lot of layoffs and I think probably, you know, I never want to suggest that being laid off is a good experience for anyone. For the companies, it's almost certainly a healthy thing because a lot of companies are,you know, that have 20,000 people could probably do what they're doing with 12,000 people or something like that. But over the long run, I don't think it's a net bad for them, for the companies,. It could be a net bad. People are more worried about job security today than ever before. And there's less labor organizing happening on slack; not saying this is necessarily a good thing, but there

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