Ruben Schade (taking break)May 26
mhoye
Regrettably, I don't think the executives who reorganized their entire companies around wildly oversubsidized code generators at the expense of things like "understanding our own systems" "meeting customer's needs" are going to be the people who end up struggling financially because of their catastrophically shortsighted incompetence.
May 26 at 1:03pmWeb
Show threadChris [list of emoji]May 26

@mhoye

One can dream...

Show threadevenrevenMay 26
@mhoye The fact that Zuckerberg still has a job after the metaverse seems to indicate that being fired for incompetence is no longer a thing in big tech.
Show threadmhoyeMay 26
@evenreven Zuckerberg can't be fired. He's the majority shareholder and chooses the board of directors.
Show threadKatie FMay 26
@mhoye @evenreven I can think of several founders or descendants that didn't get to the find out portion of FAFO because they controlled a majority of shares and the board.
Show threadLoïc DenuzièreMay 26

@KatieLoves2Read @mhoye @evenreven

A billionaire can never find out

Therefore

A billionaire must never fuck around

Show threadRobert Kist 🇦🇹🇩🇪May 27
@evenreven @mhoye because Zuck rigged the stock so pretty much nobody has any stocks with voting rights to oust him, even if they want to.
Show threadDeven PhillipsMay 26
@mhoye
Maybe the companies will, but the individuals will "pop their golden parachute" and walk away even more wealthy on the money they convinced working people (through investment portfolios) to invest. Almost none of them will face serious consequences IMHO.