3 ms·
It's hard to imagine how anyone can view collocation of stock buybacks, employee layoffs/comp reductions and ceo pay raise as evidence of "good management". So
by breatheoften 3y ago
It's hard to imagine how anyone can view collocation of stock buybacks, employee layoffs/comp reductions and ceo pay raise as evidence of "good management".
So far there's a lot of talk about how ai will end lower-level jobs -- but the real opportunity for labor savings will be to evolve new company structures which don't have the modern form of centralized leadership with more or less fraud-driven leverage over company profits.
New companies modeled after teams that are assembled more like movies, with crediting processes for everyone involved that tie to broad-base profit sharing mechanisms will be the new way. The c-suite can go away/be dramatically consolidated into real leadership roles -- more hands on and direct leadership -- more like the director of a movie than a ceo of a mega cap, more like an Andrew Kelley than a Sundar Pichai)
More collaborations, more loosely affiliated, and more transparent profit sharing structures will be possible as more and more of the business and legal structural bullshit (which significantly over-determine modern business outcomes) can be automated away.