They made decisions relevant to their work. i.e. it's not that a random employee would go our and acquire a competitor or buy a business jet for themselves (though in theory they could but that theory never got put to a test). So the CEO still made CEO-level decisions and employees made decisions in their area while needing to ask themselves what's best for the company, economically, just like the president should. Trust people to do their job kind of thing really, trust teams to work together etc.
Is ‘responsibility’ really something that deserves outsized compensation compared with, say, actually creating the product being sold? In this context, it doesn’t seem to come worth outsized personal consequences for failure, indeed quite the opposite. I agree there should be some consideration for the additional stress, but not multiple extra figures on the salary.
> for the new insurmountable levels of responsibilities right?
As it turns out, companies that don't concentrate all of the power and decision-making in one person tend to avoid ending up with "insurmountable levels of responsibilities".
The person who returned to them the source code disk has done everyone dirty. I’m optimistic Microsoft will eventually open source stuff but goddammit.
An open source StarCraft could have lead to a renaissance of the genre, but he found it more important to get like 250 quid of unsold Overwatch trash from the blizz store.
I did check was there any follow-up on the story and found out the guy in question has since gotten into NFTs, an irony so great I can only laugh.
The largest filter, the Great Filter, these companies cannot overcome is a true digital native workforce and communication mechanism. When your days are haraunged by voice/video meetings because people don’t know how to work asynchronously, productivity plummets when timezone differences are introduced. An absolute shitshow to behold.
Very few, relatively speaking, tech teams understand how to leverage asynchronous work patterns. I think open source projects which are dominated by 40 year old virgin neckbeards (those still exist right?) show the silver lining, but alas, nobody will get it.
If there’s one argument counter to what you’re saying, it’s that the front pages of most social media sites are filled with clickbaits and shitposts. Including HN of course.
You turned what I said into a mindless tautology. That isn't advancing the conversation. Can you restate your point more constructively such that I can respond to it?
That “attention to the market dynamics debt” will catch up to them, just as it has caught up to all the working adults who are unable to afford living expenses in their cities because they spent their 20s partying rather than investing and looking to get ahead/stay ahead of these things. Anyone in their 30s saying “I’d like to have children but I can’t afford it” has been asleep at the wheel of a global change that has been unfolding in a relatively obvious way.
I’m not saying it’s good or bad - everyone’s free to make their own life choices, I’m saying it is what it is and TANSTAAFL.
There's some survivorship bias in that. Not every adult who gave up partying and focused on career and investing, ended up very well off.
Sometimes it just doesn't work out and then you sacrificed the most fun years of your life for nothing leaving you depressed and unhappy.
Not saying you should or shouldn't, I'm saying while there's no free lunch there's also no guaranteed lunch big either. For example here in socialist parts of Western Europe working hard is a scam since you don't end up more wealthy than those who just coast and do the bare minimum expecting the state to provide for them while you'll be the one paying for it with more taxes.
Sometimes a simple and fun life with less money can be more rewarding than a life of stress and money
Absolutely there are no guarantees but it’s disingenuous to point to what’s happening and claim pikachu face levels of shock, when plenty of people did pay attention, did act accordingly, and things more or less went in their favour.
I’m not a fan of cargo culting “survivorship bias.” It’s flimsy.