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Support steers choices for ambitious youth. Those MBAs are deployed to put ears on the ground and markets, to surface consumer needs, generate demand for produc
by dzink 5y ago
Support steers choices for ambitious youth. Those MBAs are deployed to put ears on the ground and markets, to surface consumer needs, generate demand for products at companies, and vet investment worthy projects in the market. They steer capital and engineers where the work is valuable, that makes money, and that fuels the demand for more MBAs.
Researchers are building branches in the forest of knowledge, but to do it they have to bend to the will of an academic apparatus that is made to be self serving and zero sum in the hands of few who may or may not be worthy of the trust placed in them. There is also plenty of fraud and cheating globally among academic contributors. It’s almost like we need an HN for each branch or academic work, so anyone can contribute and see what’s novel, and the feedback is from vetted experts only, but that would put an undue burden on the experts and reduce their own productivity. There is room for an open collaborative solution somewhere, but it needs a lot of iteration to get it right.
- wpietri 5y agoIs their much evidence for your view of MBAs? I understand that's their self-myth, of course. But I don't see much of that in practice. And MBAs play a big role in the more predatory reaches of corporate America. E.g.: https://dealbook.nytimes.com/2009/10/05/buyout-firms-profited-as-simmons-debt-soared/ https://dealbook.nytimes.com/2009/10/05/buyout-firms-profite...