What Steve Jobs feared is now the tech industry’s reality

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The tech industry is experiencing intense AI talent wars with companies offering massive compensation packages up to $300 million over four years, a stark contrast to the 2005-2007 era when Steve Jobs and other tech leaders illegally colluded to suppress wages through no-poach agreements. This shift has created internal tensions within companies as traditional compensation structures are disrupted, forcing leaders to appeal to employees' sense of mission rather than relying on restrictive hiring practices.

5m read timeFrom techcentral.co.za
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