What’s wrong is the people in charge of most companies. They have money and connections but not much talent for actually managing the building of working thing

What’s wrong is the people in charge of most companies. They have money and connections but not much talent for actually managing the building of working things. And then they want to pay relatively little to the people who actually can build the things… while not knowing how to distinguish those people from the rest of the crowd. And of course, among the skills they lack is the ability to measure results and design effective compensation systems.