Whoever slows down will get eaten by some hungry upstart that is willing to work 996 to eat the incumbent’s lunch.
Is this true? There are a lot of low-productivity and zombie companies trudging through year after year.
Yeah, they're all taking a gamble and hoping that they, not their peers, will be the lucky ones with the breakthrough.
Yeah, I see language like this a lot, but we don't live in an idealized microeconomic market with perfect information flow and competition levels.
Some companies are in highly competitive spaces while others have found a quiet, profitable niche.
And companies do have to compete for talent. If you want A-level players on your team, you're going to have to pay them more and/or provide benefits that surpass the competition.