IBM buys RedHat for $30 billion. This value was mostly created by the labor of volunteer, un- or underpaid developers of Free/Libre/Open Source software who will not see a dime of IBM's money. There need to be discussions of economic flaws in the FLOSS development/distribution model.
@fcr as their price is likely to rise now, we should all have bought redhat stocks all along 😅 🤔 😔 ...
@fcr Uh, yeah, never mind the thousands of very well-paid people working for Red Hat. And never mind all the OSS that was developed at Red Hat, and that we all have as a shared value now. And never mind that a valuation of $30B doesn't actually mean anything, until people start liquidating their shares, and if enough people would do that, the price would fall as a result.
If anything, Red Hat figured out how to have a sustainable economic model around copyleft software in the first place.
Same thing is happening with Uber and their extremely high valuation ahead of a potential IPO.
The drivers that have been underpaid and are the only reason that Uber is anything will not see a dime. It’s a shame really.
@fcr Nah, you are not doing it selfishly enough, the only reason to contribute to other projects is to enhance your own well being. Don't do enough to warrant a pay back :P
@fcr I fear many projects don't want to think about this.
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