Regardless of whether it's pay or conditions, the changes would make it a more desirable place to work, which would increase the amount of people that want to work in that field.

> The solution there was to create a less arbitrary system that allowed actors to work their way into the union and get a degree of income stability and protection from (previously horrendous) employer abuse

Less arbitrary sounds good, but you need discretion. A lot of unionized jobs rely or pretty arbitrary rules, like how long the person had worked there. Why should someone doing the same job as me get paid more just because he was there longer? That seems more arbitrary to me than my manager's opinion of my work. You end up having an underclass of younger employees and all the benefits accruing to people that have been there longer. This could sink an entire industry or company as they would be stuck with more expensive labor they can't get rid of while a new company can just hire younger people at the bottom of the scale for the same work

> You should look into the economics of these game studios a bit more. The unit economics are not like those of producing bricks which an essentially linear (capital, labor) -> bricks production function. The distributive effects between the employers, workers, and consumers would be very difficult to model. You can't really figure out the marginal contribution of the factors of production. To use a Hollywood analogy: Do we know how much less one of George Clooney's films would net if a different actor were cast instead of him? If we can't be sure, can we know what his marginal contribution was?

I agree, but that's exactly why you don't want some union to do it that doesn't have the insights. The Hollywood analogy is exactly right, how much would George Clooney films net if they used a different actor. Movie studios have a direct incentive to find out. They can pay someone a lot less and if its comparable, they would. But the idea that a union can have a matrix that can capture George Clooney's worth and pay (how long have you been an actor for?) is unrealistic.

Why are so many engineers unable to get into FAANG? Their hiring seems pretty straight forward. Cram leetcode. Most people can't get into it because they don't want to dedicate 100+ hours cramming these tests. But if you do and you're reasonably smart, you'll get in. Much better chance than something like banking/consulting (hire right out of school) or lawyers (must go through lots of schools). Out of the high paid jobs, it's extremely open and transparent.