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Re:SBF Is Headed to Prison but FTX Will Haunt the Crypto Com... by SV_BubbleTime on Sunday November 05, 2023 @09:18AM (#38151308)
With my theory of everything that is wrong…

MBA-ification is actually very very high on the list.

Re:SBF Is Headed to Prison but FTX Will Haunt the Crypto Com... by kodapoda on Sunday November 05, 2023 @01:05PM (#38153702)
I don't have much insight into MBA programs. But suspect that they give substance to a pre-existing world view, effectively provide tools for justifying (and even reinforcing) bad practices. This is a generalization, of course, but if someone is already a crook, an MBA would only amplify that.
Re:SBF Is Headed to Prison but FTX Will Haunt the Crypto Com... by SV_BubbleTime on Sunday November 05, 2023 @05:10PM (#38156156)
It is that. But also efficiency above all else.

Let’s run lean, let’s do it without human interaction, let’s push our solution first, we can force people in to this, etc.

I used to think Ayn Rand’s comments about creators and consumers were smarts people vs dumb, but that isn’t it at all. I think we’re in a complexity crisis and MBA driven business and large government is in a race for unsustainability.