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Google employs 70000 people, when in fact they could do what they do with just 700. (If they bothered to actually hire the top 1% of developers.) Operating wit
by otabdeveloper1 8y ago
Google employs 70000 people, when in fact they could do what they do with just 700. (If they bothered to actually hire the top 1% of developers.)
Operating with 1% of peak efficiency seems insane, until you understand that Google doesn't hire people to make products, they hire people to increase their market cap.
This is a delusional system that is opposite of 'market efficiency'.
Eventually the system will collapse in a horrific crash and we'll start over with something that doesn't violate common sense or laws of physics. For now all you can do is grin and take it.
- radiantswirl 8y agoVery interesting. I don't fully understand this. How does having more employees increase their market cap?
- Latteland 8y agoThat comment is hard to understand, please explain, it seems irrational. Why would Google hiring 69,300 useless engineers increase their market cap?
- b_tterc_p 8y agoThis doesn’t make any sense. Imagine you have the 7,000 best employees and your ops are smooth. You are told that #7,001 will net improve the business. Are you delusional to hire that person? Or do you think that a profitable 7001th person does not exist?