Why is the fees for mega funds only 2/20 and not 50/50?

Why are mega fund fees only 2/20? Wouldn't it be more fair since the fund employees do all the work (60-100 hours a week per employee) that the fees should be like 50/50(equal split of the profit between the employees and investors)? The investor does nothing except supply capital. It can also be 2% + 50/50

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