News for hackers. Stuff that matters.
Re:GPT-4 increased BCG consultants’ performance by over 40% by mlinhares on Saturday September 30, 2023 @11:03AM (#37716096)
It’s insane that people think producing pop music is easy. Competing on the pop music market is a cutthroat business with a lot of competition and the good ones get their price back in gold.

When Scorpions wanted to be resurrected they hired Desmond Child to produce them and he absolutely crushed. These people are very good at what they do and there are very few of them.

Re:GPT-4 increased BCG consultants’ performance by over 40% by WendyTheWillow on Saturday September 30, 2023 @11:27AM (#37716345)
It’s also insane people think running a large business is easy, or that management consultants aren’t worth what they’re paid.
Re:GPT-4 increased BCG consultants’ performance by over 40% by jack_riminton on Saturday September 30, 2023 @11:37AM (#37716447)
Worth here is the key word. I did an MBA which was specifically designed to get people into consulting, we did many consulting projects for real multinantionals and the key lesson was: "What does the hidden client want?"

i.e. someone has been tasked with getting some consultants to come up with a suggestion, the key question however is what does THEIR boss want to hear. If you can work that out and give it to them then you've earned your 'worth'

Re:GPT-4 increased BCG consultants’ performance by over 40% by ghaff on Saturday September 30, 2023 @11:59AM (#37716715)
Well, there's also the case where some internal engineering and product management think they have the right answer. But it may be a literally bet the company sort of thing. (Especially outside the software realm where once the bus has left the station it's not turning around.)

Now I know there are people here whose reaction is that executive management should just shut up and listen to what the worker bees say. But it actually doesn't seem unreasonable to me (and I've been on the product management end of things in a case like this) to have some outside perspective from some people who are mostly pretty smart to nod their heads and say this seems sensible.

As a bonus they create big spreadsheets that make the business planning types happy and keep them out from underfoot.

Re:GPT-4 increased BCG consultants’ performance by over 40% by hcks on Saturday September 30, 2023 @01:19PM (#37717572)
Wow I’m sure someone that paid some money for an MBA and then stopped at the gate of an entry level position has expertise in this matter.
Re:GPT-4 increased BCG consultants’ performance by over 40% by j45 on Saturday September 30, 2023 @12:28PM (#37717018)
I hope someone builds a management consultant gpt to find out.

Until then, our leaders, experts and institutions were few of those things during the pandemic.

How large businesses are built and run has changed faster and more in the past few years than the principled predictions of a business’ future vector that are based on lagging indicators.

It also depends on how cookie cut the management consultant frameworks and “toolkits” are.

It’s no coincidence that it’s mostly juniors doing so much of the work and billing. New or average talent is more profitable per hour to bill than experience.

Financially, if $7-8 of every $10 for improvement went to a management consulting undertaking, the other $2-3 is what’s left over for the rest without even knowing. This would be the coup, if this were true.

The fun part to watch for is is tech people will be able to learn business easier than business people will be able to learn and apply tech when they can’t understand it’s capabilities or possibilities beyond speaking points.

The technical analyst will M&A the business analyst. Maybe they learn to extract Management Consultant type value too.

Re:GPT-4 increased BCG consultants’ performance by over 40% by RandomLensman on Saturday September 30, 2023 @12:57PM (#37717338)
Mangement consultants get comparatively small money from (large) firms. The total revenues going to McK, BCG, and Bain are only about $30B annually.
Re:GPT-4 increased BCG consultants’ performance by over 40% by marcosdumay on Saturday September 30, 2023 @12:52PM (#37717283)
Well, if it was that hard, chatGPT wouldn't be able to help them.
Re:GPT-4 increased BCG consultants’ performance by over 40% by somenameforme on Saturday September 30, 2023 @12:09PM (#37716808)
The perception is that success in the field is driven largely by factors other than the quality of music. It'd be extremely interesting to see a Richard Bachman / Steven King [1] type experiment with a Desmond Child, Max Martin, or whoever else.

Keep their existence completely out of the picture, and have them scout and produce talented no-name, but require the no-name to use only the sort of avenues that would be openly available to anybody/everybody: YouTube, Tunecore, social media, etc. Would the new party now be meaningfully likely to have a real breakthrough?

[1] - https://en.wikipedia.org/wiki/Richard_Bachman

Re:GPT-4 increased BCG consultants’ performance by over 40% by lukas099 on Saturday September 30, 2023 @12:41PM (#37717167)
[delayed]
Re:GPT-4 increased BCG consultants’ performance by over 40% by MetaWhirledPeas on Saturday September 30, 2023 @01:20PM (#37717587)
But the qualities of the song are not what make it popular. With "pop" music there are far more important forces at play, namely the quantity and quality of the song's publicity. One of the big things you get with a big time producer is big time connections and a lot of "airplay" in mixes, commercials, TV shows, etc. You also open the door for more collaborations with other popular artists.

Occasionally you'll have a song that breaks through due to sheer catchy-ness, but this is the exception rather than the rule.

Re:GPT-4 increased BCG consultants’ performance by over 40% by telotortium on Saturday September 30, 2023 @12:44PM (#37717196)
In practice you need both. Max Martin himself has produced and songwritten for plenty of no-names, but for an artist that has the requisite marketing support, bad or uncatchy pop songs can absolutely ruin an artist who would otherwise make it big.
Re:GPT-4 increased BCG consultants’ performance by over 40% by Nition on Saturday September 30, 2023 @02:30PM (#37718341)
There is a third factor; the quality of the mix. People like Serban Ghenea[0] get hired to make the sound world class.

[0] https://en.wikipedia.org/wiki/Serban_Ghenea

Re:GPT-4 increased BCG consultants’ performance by over 40% by WalterBright on Saturday September 30, 2023 @04:25PM (#37719414)
Which is why Michael Jackson hired Quincy Jones to fix his music.
Re:GPT-4 increased BCG consultants’ performance by over 40% by hammock on Saturday September 30, 2023 @01:13PM (#37717511)
Define quality
Re:GPT-4 increased BCG consultants’ performance by over 40% by majormajor on Saturday September 30, 2023 @02:06PM (#37718088)
A lot of the public believes that what you're talking about already happens, for what it's worth. "Industry plants."

Something can be extremely catchy yet widely panned as low quality in music, so even within "just the music" there are several dimensions at play regardless of marketing, etc. Such as whether it's timed right - are there enough people ready for that song at that time?

The idea that "most people will just listen and be fans of whatever the big media companies put out there" doesn't stand up much examination or conversation with "most people."

People do often make breakthroughs on soundcloud, TikTok, whatever - do you think having the invisible support of a Max Martin would lower their chances? You'd need to do your experiment a hundred times or thousand times or so before you could really compare the success rate of your plants to the rest of the crowd, but it's hard for me to believe that they wouldn't have an advantage. The music industry isn't known for their charity, if they could get away with not paying those people without another label beating them in the market, why would they?

Re:GPT-4 increased BCG consultants’ performance by over 40% by highwaylights on Saturday September 30, 2023 @03:00PM (#37718604)
“Just Blaaaaazzzee”

This is admittedly very niche but I see your point.

Also: I remember a time in the early 00s when almost every song on MTV began with Rodney Jerkins whispering “DARKCHILD” over the music.

Ultimately isn’t it just branding though? Would you buy Coca-Cola if it had some other label on the bottle? Or watch Mission Impossible 14 starring Some Dude? I’m not sure there’s a lot of fields where things are really competing on their own merits rather than the accumulation of their past successes.

Re:GPT-4 increased BCG consultants’ performance by over 40% by j45 on Saturday September 30, 2023 @12:30PM (#37717040)
Is there a HN for management consultants?

Depending you ask pop music is a formula and that one dude from Sweden has the formula perfected.

Re:GPT-4 increased BCG consultants’ performance by over 40% by moneywoes on Sunday October 01, 2023 @01:23PM (#37728187)
fishbowl?
Re:GPT-4 increased BCG consultants’ performance by over 40% by WalterBright on Saturday September 30, 2023 @04:17PM (#37719319)
There's the story of David Cassidy. He got cast in the Partridge Family (the rock band family) largely because of his looks and his mother (Shirley Jones). His voice was set to be dubbed for the songs, but it turned out he had a golden throat. (The rest of the cast, besides Jones, could neither play nor sing.)

The producers hired top shelf songwriters to write the songs, and several hit albums were produced. (It really is good music, despite being bubblegum.)

Cassidy, however, decided that he had songwriting talent and chafed. He eventually left the show, and with the megabucks he earned on the show, produced albums. They're terrible.

The same thing happened to the Monkees.

Re:GPT-4 increased BCG consultants’ performance by over 40% by WalterBright on Saturday September 30, 2023 @04:23PM (#37719387)
Check out the movie "The Wrecking Crew". It's about studio musicians fixing, rewriting, playing, and singing the music created by the "bands" you've all heard of, so the albums were good.

Then, the bands belatedly had to learn how to sing and play in order to go on tour.

I think about The Wrecking Crew whenever I hear the sob stories about bands being underpaid and the producers reaping the lion's share of the profits.