I have much respect for what he has achieved, so I didn't interrupt to question such a fear-inducing mindset.
The part about McCord firing an employee is sad and funny at the same time. To begin with, it looks like a page from Vonnegut’s Player Piano:
“McCord mentioned letting go a product testing employee who “was great,” but eventually lost her job to automation.”
It isn’t mentioned if the employee contributed to the automation that eventually replaced her, but it may as well be so.
Nevertheless, her depiction of the conversation is a rare mix of sad and funny:
“So I called her up. I’m like, what part of this is a surprise? … And she goes, yeah, but, you know, I’ve worked really hard; this is really unfair. I’m like, and you’re crying? She’s like, yeah. I’m like, will you dry your tears and hold your head up and go be from Netflix? You’re the–why do you think you’re the last one here–’cause you’re the best. You’re incredibly good at what you do. We just don’t need you to do it anymore.”
Of course, this strategy has its downsides. You can't ever hire juniors. You can't really hire people in and train them up at all, because everything has been built under the assumption that only experts will ever touch it. This makes an organization that operates like this inherently parasitic to the industry, only capable of hiring in experienced employees from other companies.