Hmm, that is a weird conclusion to draw from the observations.

The article and the conversation here suggests that the Silicon Valley model is a good way to give developers more leverage and also to get more out of them.

That model is generally far from cooperatives and still has plenty of hierarchy.

Getting 'organised' and into cooperatives might still work, I don't know? I'm just saying that the available evidence here points to a very different direction.

(Cooperatives have been tried, and there are some software companies inside and outside of Silicon Valley that work along similar principles. But by-and-large they aren't the companies eating the world.)

Matt Levine's Money Stuff often harps on the theme of investment banks being run like workers' cooperatives in practice.