Geoff Staneff: Always thought Friedman had an outsized part in this story too. Hard to see around freshwater mathiness leading directly to fraud (and the 80s junk-bond LBOs). Product Managers tagged because of the structural position of the role. It is a nexus of control: attractive to power seekers.

Newsletter: The Shareholder Supremacy has eaten the world, turning the tech industry into the playground of do-nothing management dictators that see human beings as assets and the customer as subordinate to growth - all inspired by GE’s Jack Welch. www.wheresyoured.at/tss/

The Shareholder Supremacywww.wheresyoured.at I promise you, everything that's happening makes sense. It all feels so chaotic, so utterly, offensively stupid, so disconnected from reality that it's hard to understand how Meta can run a terrible company with decaying services that's also wildly profitable, or how Meta, Microsoft and Google can proliferate unprofitable, unsustainable

Always thought Friedman had an outsized part in this story too. Hard to see around freshwater mathiness leading directly to fraud (and the 80s junk-bond LBOs). Product Managers tagged because of the structural position of the role. It is a nexus of control: attractive to power seekers.

Someone needs to prioritize and should speak for the customer. Engineers often too detail focused to put tasks in a market/business context. Deming's model shows a different way Capitalism could be, where the environment, workers, and communities matter just as much as the owners, shareholders.

He did but the piece was already 11k

I'd have read more. I already had a dislike of Welch, coming up in Microsoft where his practices were adored long after they stopped being practiced at GE. Learning he started in Plastics makes him worse.

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