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  3. Executives, especially CEOs, get paid huge amounts of money to make obvious, costly errors.

Executives, especially CEOs, get paid huge amounts of money to make obvious, costly errors.

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taxthericheattherichcapitalismnarcissism
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  • elasticsoul@mastodon.socialE This user is from outside of this forum
    elasticsoul@mastodon.socialE This user is from outside of this forum
    elasticsoul@mastodon.social
    wrote last edited by
    #1

    RE: https://follow.ethanmarcotte.com/@beep/116574876011931316

    Executives, especially CEOs, get paid huge amounts of money to make obvious, costly errors. Their main skill seems to be bullshitting.

    "Two out of three chief executives are buying a tool they cannot evaluate, cutting staff on capability claims they cannot verify and calling the result a strategy. On a conference stage, this is called vision. On a balance sheet, it is called an unfunded liability."

    #AI #TaxTheRich #EatTheRich #capitalism #narcissism #enshittification

    A dtraslerwriting@mastodon.socialD 2 Replies Last reply
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    • elasticsoul@mastodon.socialE elasticsoul@mastodon.social

      RE: https://follow.ethanmarcotte.com/@beep/116574876011931316

      Executives, especially CEOs, get paid huge amounts of money to make obvious, costly errors. Their main skill seems to be bullshitting.

      "Two out of three chief executives are buying a tool they cannot evaluate, cutting staff on capability claims they cannot verify and calling the result a strategy. On a conference stage, this is called vision. On a balance sheet, it is called an unfunded liability."

      #AI #TaxTheRich #EatTheRich #capitalism #narcissism #enshittification

      A This user is from outside of this forum
      A This user is from outside of this forum
      alexanderkingsbury@mastodon.social
      wrote last edited by
      #2

      @elasticsoul

      There always seem to be plenty of people jabbering about how CEOs are stupid, talentless, etc.

      But, oddly, somehow, none of them seem to take those jobs and do them any better, for less money. Not even once.

      Odd.

      1 Reply Last reply
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      • elasticsoul@mastodon.socialE elasticsoul@mastodon.social

        RE: https://follow.ethanmarcotte.com/@beep/116574876011931316

        Executives, especially CEOs, get paid huge amounts of money to make obvious, costly errors. Their main skill seems to be bullshitting.

        "Two out of three chief executives are buying a tool they cannot evaluate, cutting staff on capability claims they cannot verify and calling the result a strategy. On a conference stage, this is called vision. On a balance sheet, it is called an unfunded liability."

        #AI #TaxTheRich #EatTheRich #capitalism #narcissism #enshittification

        dtraslerwriting@mastodon.socialD This user is from outside of this forum
        dtraslerwriting@mastodon.socialD This user is from outside of this forum
        dtraslerwriting@mastodon.social
        wrote last edited by
        #3

        @elasticsoul Ok, I feel like I have been reading these kinds of articles for months. Every one has stated that AI is not the panacea that Melon Husk and Some Althuman have been pretending it is. So why are World Leaders still drinking the Kool-aid? Are they just taking the money? Or are they advised by the deluded and invested? WHY has Mark Carney not read this article?

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