Re:Google is shutting down Stadia
by ajmurmann on Thursday September 29, 2022 @08:38PM
(#33029317)
Marc Andreesen recently has been talking a lot about the professional managerial class (PMC) and how it's causing the principle actor problem. Everyone is playing it safe and not risking their high pay checks for the off chance of rocking the boat and landing a moon shot. Nobody really makes any hard and decisive moves because there is much to lose and not that much more to win. This was different when we had companies owned by individuals or families.
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This was one of the reasons why Nokia died. When the organization grew, everything was taken over by middle management whose safest option in any scenario was “Please do not change anything.”
Yes, but the takeaway isn't that they should start making bold moves, it's that we actually want them to churn out and be surpassed over time. It's the entrenching of them through regulatory capture or predatory behaviour that's bad.
There are still a lot of companies owned by individuals or families. You just don't hear about them because they seldom take the big risks necessary to produce disruptive innovations.
Mark @Meta seems to be making bold moves.
Re:Google is shutting down Stadia
by hn_throwaway_99 on Thursday September 29, 2022 @10:13PM
(#33030069)
Doesn't that pretty much prove the point of the comment you are replying to?
> Everyone is playing it safe and not risking their high pay checks for the off chance of rocking the boat and landing a moon shot.
Mark has majority of the voting shares of Meta. He could run it into the ground and still could stay in control.