Comment on Stop Talking to Technology Executives Like They Have Anything to Say

Tim_Bisley@piefed.social ⁨3⁩ ⁨weeks⁩ ago

• SoupBrick@pawb.social ⁨3⁩ ⁨weeks⁩ ago

  I think the root issue is more around the belief that US companies operate off of meritocracy. I.E. only the most qualified and competent people make it to the top.

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  • DonkMagnum@lemy.lol ⁨3⁩ ⁨weeks⁩ ago

    Or even more basically:

    • what’s good for business is generally not what’s good for society.

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    • biofaust@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      In many instances it can be argued that the decisions they make are not good for the business either, at least in the mid- to long-term.

      • What’s good for business stockholders is generally not what’s good for society. FTFY

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      • jjlinux@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

        This is the right statement, in my opinion.

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  • gravitas_deficiency@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    US companies operate off of the Peter Principle, psychopathic willingness and ability to exploit others, and a merciless drive for profit.

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  • SaveTheTuaHawk@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

    American execs definitely fail upwards. I have seen pharma execs fuck up to the tune of $200M+ and then get poached for more money.

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  • A_norny_mousse@feddit.org ⁨3⁩ ⁨weeks⁩ ago

    fry_not_sure_if_serious.jpg

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  • clif@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Who was it that said that the mark of a good leader is that everyone working under them is smarter than the leader?

    By that metric, the C level are the dumbest people in a company.

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• thesohoriots@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  This myth needs to die hard. Inheriting off daddy’s blood emerald mine allows you to start businesses and buy people to make them work. This takes zero intelligence — it takes capital which was not earned. It continues to make money through the labor of shady accountants who know how to keep you from paying taxes, the labor of H1-B visa holder slaves, non-unionized assembly line workers, etc. who you crush and exploit for more capital to keep repeating the same unethical and dumb shit.

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  • frezik@lemmy.blahaj.zone ⁨3⁩ ⁨weeks⁩ ago

    What should cure people of it fast are listening to real estate investment podcasts. These people are often dumb as rocks. They copy each others homework, happen to know the right people, and most importantly, have no ethics. You don’t have to be smart to make a fortune in real estate, but you do have to forget about ethics.

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    • njordomir@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Toothpaste is for brushing your teeth, not filling the nail holes in the patchy drywall that is our economy! :-)

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      • ChickenLadyLovesLife@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

        I helped a former girlfriend move out of her apartment years ago. I brought along a tub of spackling paste to fill the nail holes she’d left in the wall (it was even the kind that goes on pink and then dries white, which is pretty handy). She was mind=blown as she’d never seen anything like it before. I asked her how she filled nail holes and she said she used chewing gum and white-out.

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• floofloof@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

  US culture conflates money with all kinds of things: intelligence, importance, respectability, creativity, “good genes”, even godliness.

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• UnderpantsWeevil@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  The issue I feel, is we live in a society that equates money with importance.

  A guy who can command hundreds of billions is important by way of how much pull he can exert on the overall economy. If Altman says we’re going to build a thousand new datacenters that consume a gigawatt of power a year each, and he’s breaking ground on the project next week, commodities brokers can’t just blink past it.

  The headline should be Stop Talking to Technology Executives, Tax Them.

  Who is the headline talking to? Unless this is a media journal exclusively consumed by Congresscritters, you’re just preaching to the choir.

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• dylanmorgan@slrpnk.net ⁨3⁩ ⁨weeks⁩ ago

  Start Talking To Technology Executives About How Much They Will Be Taxed

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• charade_you_are@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  But I like money

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