Human Capital by Henry

The Learning Code

I wrote a more comprehensive/contemplative version of this podcast here:

https://thelearningcode.school.blog/2021/01/08/human-capital/

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Excerpt: So it’s quite natural to work at one of these large companies. But when human capital goes there, what products are they working on? It’s like unfettered free agents. Imagine you had a pro sports league with no salary cap. What would you do? You would go and hire and sign every single ‘great’ player and stick them on the bench (lol). You’d be guaranteed to win a championship, you’d be a monopolistic championship winner year in year out.