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None of the current crop of big companies are being led by founder-CEOs - except for Meta. They're all being led by manager-CEOs. Manager-CEOs, historically, d
by spaceman_2020 4y ago
None of the current crop of big companies are being led by founder-CEOs - except for Meta. They're all being led by manager-CEOs.
Manager-CEOs, historically, don't have the stakes, the vision, or the sheer pull to cannibalize $100B existing business lines with a brand new, untested product.
Big Tech's bigness will be its biggest liability. A chatGPT-like tool, for instance, competes against Google's search products. And Google can't monetize it with 10+ ads on every page.
Google et al will dawdle and hem and haw and watch nimbler competitors take away market share. Tale as old as time.
- scarface74 4y agoGoogle’s CEO is unique within BigTech of lacking any vision or any real accomplishments. I still wonder how he ever became a CEO. No one claims that Nadella, Zuckerberg, Cook, or Jassy lack vision.
- spaceman_2020 4y agoNot a knock on Nadella, Cook or Jassy, but do they have the pull or power to go through multiple quarters of declining revenue while they pull off the AI strategy? Zuck is trying that with his metaverse and getting so much flack from everyone. But he can still pull that off as founder-CEO and the board structure.
- scarface74 4y agoChatGPT is not a threat to any of their business models. It is a threat to Google. Can you imagine how much better Siri would be if ChatGPT were integrated into it? Apple and Microsoft have both been able to remain relevant since 1980. They both know how to pivot when necessary.