I have a fantasy where I’m a powerful executive at Volkswagen. I’m in a meeting where this idea is presented. I ask who thought of it. Someone raises their hand. I smile broadly. I ask who else thinks it’s a good idea. Others raise their hands. I call security and have all those people escorted out of the building. Those of us who remain set about manufacturing small, efficient & affordable electric vehicles with manual windows & door locks, and a not a single touchscreen anywhere. The End
Then your stock crashes in spite of your good sales because trading bots short your stock as you said negative things about the new thing in vogue and are thus considered “unable to innovate”. Some other company acquires yours despite the good actual sales you might be having, and before you realize, what was once your company is back on the current hype train.
The system works because no one man, not even a “powerful executive” can change it easily.
I take my ill-gotten gains and fuck off to another country, perhaps the USA, and buy up a small little-known automotive start up that has some promising IP. When my car company is bigger than all the others combined, I don’t spread the love around, but instead allow them all to stew in the juices of their mistakes. While I’m at it, I might buy a social media company and do everything possible to run my entire empire into the ground.
I have a fantasy where I’m a powerful executive at Volkswagen. I’m in a meeting where this idea is presented. I ask who thought of it. Someone raises their hand. I smile broadly. I ask who else thinks it’s a good idea. Others raise their hands. I call security and have all those people escorted out of the building. Those of us who remain set about manufacturing small, efficient & affordable electric vehicles with manual windows & door locks, and a not a single touchscreen anywhere. The End
Then your stock crashes in spite of your good sales because trading bots short your stock as you said negative things about the new thing in vogue and are thus considered “unable to innovate”. Some other company acquires yours despite the good actual sales you might be having, and before you realize, what was once your company is back on the current hype train.
The system works because no one man, not even a “powerful executive” can change it easily.
I take my ill-gotten gains and fuck off to another country, perhaps the USA, and buy up a small little-known automotive start up that has some promising IP. When my car company is bigger than all the others combined, I don’t spread the love around, but instead allow them all to stew in the juices of their mistakes. While I’m at it, I might buy a social media company and do everything possible to run my entire empire into the ground.
Hey I’ve seen this one before!