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You could say that, except that people in this industry are the most privileged, and their earnings and equity would probably be matched elsewhere. You say “gr
by bad_user 3y ago
You could say that, except that people in this industry are the most privileged, and their earnings and equity would probably be matched elsewhere.
You say “group think” like it's a bad thing. There's always wisdom in crowds. We have a mob mentality as an evolutionary advantage. You're also willing to believe that 3–4 people can make better judgement calls than 800 people. That's only possible if the board has information that's not public, and I don't think they do, or else they would have published it already.
And … it doesn't matter why there's such a wide consensus. Whether they care about their legacy, or earnings, or not upsetting their colleagues, doesn't matter. The board acted poorly, undoubtedly. Even if they had legitimate reasons to do what they did, that stopped mattering.
- axus 3y agoI'm imagining they see themselves in the position of Microsoft employees about to release Windows 95, or Apple employees about to release the iPhone... and someone wants to get rid of Bill Gates or Steve Jobs.
- rvnx 3y agoSee, neither Bill Gates nor Steve Jobs are around these companies, and all is fine. Apple and Microsoft even have the strongest financial results in their lifetime.
- ronchalant 3y agoGates and Jobs helped establish these companies as the powerhouses they are today with their leadership in the 90s and 00s. It's fair to say that what got MS and Apple to dominance may be different from what it takes to keep them there, but which part of that corporate timeline more closely resembles OpenAI?
- ghodith 3y agoNow go back in time and cut them before their companies took off.