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Comment on Majority of CEOs report zero payoff from AI splurge

In Japan, engineeing companies are run by the engineers which I think is the better way.

Ill never understand why American companies insist on being led by business majors who know nothing and dont care about the product being built.

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Opisek@piefed.blahaj.zone ⁨3⁩ ⁨weeks⁩ ago
Line go up

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- Bluegrass_Addict@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago
  except for now where that line isn’t doing shit but getting shoved far up their greedy asses
  
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UnspecificGravity@piefed.social ⁨3⁩ ⁨weeks⁩ ago
Because the thing that makes American companies make money isn’t the production of better products its “business magic” that games stock prices. its been that way for a long time.

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- Mondez@lemdro.id ⁨2⁩ ⁨weeks⁩ ago
  Sadly the virtuous circle of profits being put back into research and development seems badly broken in so many business now.
  
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oce@jlai.lu ⁨2⁩ ⁨weeks⁩ ago
Are they? Rakuten is led by a business guru and the products are subpar unless they bought them. Also Japan has a huge deficit of native engineers, so most of the engineers at this kind of companies are Chinese and Indian.

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- bagsy@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
  i always thought the car makers and other manufacturers were engineed led. I admit i am no expert in modern Japanese business.
  
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  - oce@jlai.lu ⁨2⁩ ⁨weeks⁩ ago
    That’s possible, I don’t know about the heavy industries. Checked for Toyota, founder was an engineer, second family CEO was also engineer, third was MBA, current CEO is not from the family and is an engineer. In any case, I don’t think having an engineer CEO guarantees anything, aren’t the GAFAM mostly led by engineers but got enshitifified anyways?
    
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SocialMediaRefugee@lemmy.world ⁨2⁩ ⁨weeks⁩ ago
Making money by shuffling money around.

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angstylittlecatboy@reddthat.com ⁨2⁩ ⁨weeks⁩ ago
A lot of it isn’t an “insistence” per se as much as it’s company founders who did have some kind of connection with the product the company makes dying or retiring and getting replaced with people who don’t.

Ironically, the MBA was originally created as a way for people with degrees in more “boots on the ground” positions to learn about business so they could more easily move into management positions. What it’s morphed into is unfortunate.

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