Ok then the product you produce is under priced or does not really fill the need of your costumer. It has nothing to do with wages. Does McDonalds throw in the towel and go out of business when ground beef prices go up 50%?
A technology company sells applied human intelligence. If technology labor goes up in price then that should cause inflation. Either that or go out of business and let you competitor have all the market share. Somehow labor is always treated differently. I smell incompetence.....
Bad example. McDonald's sits squarely at the bottom of the food chain (pun intended), so they will always be the beneficiary of a trickle-down effect in the restaurant business (customers from mid-grade restaurants switch to cheap diners when costs go up, patrons of cheap diners switch to fast-food restaurants, etc.). McDonald's may not go out of business when ground beef prices go up 50%, but the country is littered with high-end restaurants that went out of business when their customers vanished after their steaks got more expensive.
If technology labor goes up in price then that should cause inflation. Either that or go out of business and let you competitor have all the market share.
The employer doesn't really drive wages. Customers do. If a customer is only willing to pay $X for an iPhone, then Apple doesn't have the flexibility to build wage inflation into the production process without making cuts somewhere else.