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Most CEOs of large firms arent all that involved in the details, so theres no way they can have a true and proper view of the day-to-day operations on the ground level.

Steve Jobs is the only CEO of a large firm that I can re-call that always remained intimately involved.

There are many reasons why such people might be employed. E.g. preventing a competitor from hoarding talent, so you decide to do it too.

Whats taught in economics textbooks doesnt always reflect reality - ha.

Principal-agent problem.

The manager wants a large team. The shareholder who ultimately employs the manager but does not control operations does not want that of course.

Hmm.

Why do you people trust what he has to say? Like omg dude. These folks play with numbers all the time to suit their narrative. They are not independently audited. What do you think scares them about going public? Things like this. They cannot massage the numbers the same way they do in the private market.

The naivete on here is crazy tbh.

Well done sir, you seem to think with a clear mind.

Why do you think you are able to evade the noise, whilst others seem not to? IM genuinely curious. Im convinced its down to the fact that the people 'who get it' have a particular way of thinking that others dont.

Agreed. This place amazes in regards to how overly confident some people feel stepping outside of their domains.. the mistakes I see here in relation to talking about subject areas associated with corporate finance, valuation etc is hilarious. Truly hilarious.

100% correct. Taste is the correct term - I avoid using it as Im not sure many people here actually get what it truly means.

How can I proclaim what I said in the comment above? Because Ive spent the past week producing something very high quality with Grok. Has it been easy? Hell no. Could anyone just pick up and do what Ive done? Hell no. It requires things like patience, artistry, taste etc etc.

The current tech is soul-less in most people hands and it should remain used in a narrow range in this context. The last thing I want to see is low quality slop infesting the web. But hey that is not what the model producers want - they want to maximize tokens.

The great irony is this episode is exposing those who are truly intelligent and those who are not.

Folks feel free to screenshot this ;)

Thank you for posting this.

Im really tired, and exhausted of reading simple takes.

Grok is a very capable LLM that can produce decent videos. Why are most garbage? Because NOT EVERYONE HAS THE SKILL NOR THE WILL TO DO IT WELL!