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@jenniferplusplus I suspect that is giving them too much credit for malevolence. Most CEOs I’ve met have the strategic skills of a flatworm. (Although the effects are of course exactly the same to the workers).

CEOs are herd animals and will do whatever the other CEOs are doing. Musk triggered them all into a stampede.

11 January at 17:20 | Wall-to-wall | Open on indieweb.social
6 comments
ado

@whalecoiner @jenniferplusplus not sure if it was Musk so much as interest rates and our black swan event, Covid

11 January at 17:29 | Open on furry.engineer
🪐

@ado

The VC Tech crowd literally ginned up a bank run on themselves that was entirely avoidable and had nothing to do with interest rates or COVID.

@whalecoiner @jenniferplusplus

11 January at 17:50 | Open on qoto.org
Jenniferplusplus

@ericjmorey @ado @whalecoiner
On *each other.* That was Peter Theil vs Marc Andreesen, and Theil won.

11 January at 17:53 | Open on hachyderm.io
Jenniferplusplus

@whalecoiner I may be over selling how consciously reasoned their actions are. There's at least as much habit and reflex as planning.

But calling it herd mentality is underselling how much coordination they do. They talk about these things. Not even all that secretly. As much of that dialog happens in business journal op eds as it does in direct conversations.

11 January at 17:32 | Open on hachyderm.io
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@whalecoiner @jenniferplusplus

Some CEOs are just pieces of shit. Some are not.

Actions are how we determine which is which.

11 January at 18:03 | Open on mstdn.social
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