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> Mr. Musk is not a con-man True. But we also need to come up with a term to describe somebody who seeks personal monetary reward and social relevance before d
by GDC7 5y ago
> Mr. Musk is not a con-man
True. But we also need to come up with a term to describe somebody who seeks personal monetary reward and social relevance before delivering actual and established corporate financial results.
Musk has been able to negotiate his hefty paycheck because investors are blinded by the huge increase in market cap and they see themselves getting richer by the day , which they are (on paper) but Musk takes home cold hard cash via salary.
All that before said increase in market cap is definitive and crystalised.
Such term doesn't exist, hence people adopt "con-man". Can't blame them as it's the closest word to describe such behavior...an other term would be "one-man-show"
What you said : "unreliable predictor of future outcomes" is very apt to describe Ray Kurzwell, but fails to include how Musk seeks monetary and social rewards which he pockets even if he gets it wrong. Ray never tried that.