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Value creation, bullshit jobs, and the evolving nature of employment

By

May 21, 2026

4d ago· 4 min readenInsight

Summary

The article explores the concept of value creation in employment, arguing that jobs are created when hiring authorities believe the value generated exceeds wages paid. It references David Graeber's concept of "bullshit jobs" — pointless or unnecessary employment that even the worker cannot justify. The piece reflects on the creation of billions of jobs over a lifetime and questions what constitutes genuine value versus perceived value in the labor market.

Key quotes

· 3 pulled
We create a job whenever someone with the authority to hire decides the value created is greater than the wages paid.
In my lifetime, we've invented 7 billion or more jobs, which is great news.
David Graeber defined a bullshit job as 'A form of paid employment that is so completely pointless, unnecessary, or pernicious that even the employee cannot justify its existence, even though, as part of the conditions of employment...'
Snippet from the RSS feed
We create a job whenever someone with the authority to hire decides the value created is greater than the wages paid. In my lifetime, we’ve invented 7 billion or more jobs, which is great new…

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