"Seven years on, the world needs them. The planet is hotter, the strongmen are more confident, and the threat of runaway AI looms larger. These are not problems to be brushed aside with an Instagram story or postponed until after a sabbatical. They demand exceptional minds now.
Yet many of those minds โ disproportionately the ones in scholarโs gowns โ have disappeared into what I call the Bermuda Triangle of talent: finance, management consulting and corporate law.
The tragedy is not that these industries are evil. They grease the wheels of our economic system and their employees contribute generously to the public purse. But they are absorbing some of the best brains of a generation at the very moment we can least afford to lose them.
After summer placements at Morgan Stanley and McKinsey, I turned down their job offers and instead spent three years and 212 interviews trying to understand why so many bright, idealistic people end up there. My bank account has never quite forgiven me.
What I learnt was that this world doesnโt run on greed. Like the scholarโs gown, it runs on subtler forces: prestige and the illusion of limitless choice. These forces can be bent towards better ends."
https://www.ft.com/content/f01c0d6d-9546-4c3d-b1f0-18adc301ce11
#Management #Finance #Consulting #TheCity