It's actually kind of interesting how obfuscated his point is. The idea that incentives are misaligned inside a company of more than negligible scale has been a

It's actually kind of interesting how obfuscated his point is. The idea that incentives are misaligned inside a company of more than negligible scale has been a known problem for as long as we've had companies, more or less. The way he's making that point manages to both obfuscate and weaken it. Never bury the lead in your writing!