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CEO actions can easily lead to company bankruptcy. Not so much actions of some SWE

rowanG077 2y ago
You don't know about knight? It went to zero from $400M in 45 minutes due to a bad deployment. Or about the power outage in 2003 due to a software bug which is estimated to have cost billions. The power a single well placed programmer has in a company is devastating. Much more devastating then a CEO. The CEO, no matter how incompetent has other intelligent people at least try to not make the company go bankrupt.
- tester756 2y ago
  That's edge case, extreme scenario. 99% of devs at worst could drop database, but other bugs usually have marginal impact on revenue, or are caught by validation/QA (if missed by tests) >The power a single well placed programmer has in a company is devastating "Well placed" does a very heavy lifting here, because in compare to CEOs, a lot of them have very significant impact on the company.
  - rowanG077 2y ago
    And Balmer is not an edge case? I mean it's pretty rich dismissing edge cases when that's precisely the scenarios when a CEO can go boom or bust.
    - tester756 2y ago
      CEOs leading company up or down is another monday.
      - rowanG077 2y ago
        Are you sure about that. In most cases it seems stuff like market factors beeing much more important. Take Nvidia for example. Without lucking out on AI or bitcoin it would not even approach the current level of valuation. It really didn't take a genius to take advantage of this. There are only really a few key moments when a CEO can truly go boom or bust. Which is similar to an IC really. For example do you think Nichia Corp would still exists today without Nakamura? The more I think about it. Key IC and market factors are way more important to a company. CEO is relatively fungible. There are unicorn CEOs. Steve Jobs and Elon Musk for example who can not be replaced however.
        tester756 2y ago
        >Without lucking out on AI or bitcoin it would not even approach the current level of valuation. Lucking out on AI? didnt they spend a lot of years working on CUDA, working with researchers to enable them to use parallel compute with CUDA, to create and define ecosystem and now the bet just paid off?

You don't know about knight? It went to zero from $400M in 45 minutes due to a bad deployment. Or about the power outage in 2003 due to a software bug which is estimated to have cost billions. The power a single well placed programmer has in a company is devastating. Much more devastating then a CEO. The CEO, no matter how incompetent has other intelligent people at least try to not make the company go bankrupt.

tester756 2y ago
That's edge case, extreme scenario. 99% of devs at worst could drop database, but other bugs usually have marginal impact on revenue, or are caught by validation/QA (if missed by tests) >The power a single well placed programmer has in a company is devastating "Well placed" does a very heavy lifting here, because in compare to CEOs, a lot of them have very significant impact on the company.
- rowanG077 2y ago
  And Balmer is not an edge case? I mean it's pretty rich dismissing edge cases when that's precisely the scenarios when a CEO can go boom or bust.
  - tester756 2y ago
    CEOs leading company up or down is another monday.
    - rowanG077 2y ago
      Are you sure about that. In most cases it seems stuff like market factors beeing much more important. Take Nvidia for example. Without lucking out on AI or bitcoin it would not even approach the current level of valuation. It really didn't take a genius to take advantage of this. There are only really a few key moments when a CEO can truly go boom or bust. Which is similar to an IC really. For example do you think Nichia Corp would still exists today without Nakamura? The more I think about it. Key IC and market factors are way more important to a company. CEO is relatively fungible. There are unicorn CEOs. Steve Jobs and Elon Musk for example who can not be replaced however.
      - tester756 2y ago
        >Without lucking out on AI or bitcoin it would not even approach the current level of valuation. Lucking out on AI? didnt they spend a lot of years working on CUDA, working with researchers to enable them to use parallel compute with CUDA, to create and define ecosystem and now the bet just paid off?