idk what the point of a 5 word argument is but I'm going to assume you're talking about blacksmiths being business owners? most SWEs have equity as part of their compensation

Yes something like that. Devs are in the position of apprentices and helper boys in the context of blacksmiths.

Equity is mostly not handed out in a way that grants power but the opposite to tie the dev to the workplace. Some lottery tickets are winners though.