If anything, I would argue that the strategic decisions actually can be automated/performed via broader consensus. With that handled, all that's left is the cartel that CEOs have invented to justify their exhorbant pay packages.
If anything, I would argue that the strategic decisions actually can be automated/performed via broader consensus. With that handled, all that's left is the cartel that CEOs have invented to justify their exhorbant pay packages.
CEO compensation is determined by board committees mostly made up of other CxOs. They write letters to each other's shareholders about how valuable CEOs are to build up the edifice.
I wish my compensation were determined by fellow engineers who "truly know my worth". I'd pay it forward if I were on a committee determining colleague's pay packets.
Sort of a stock suicide pact ...
What's the common element between these successes?
Master Elon understands space is a big unifying hope. Is that not obvious to everybody? And then Master made it happen!
Master Elon may be stupid, a dog may be smart. For a dog knows how to make several other Masters happy, is that not a vast form of intelligence?
Thank you Master Aubanel for your wise words!
Lolol literally no one thinks this
Financial engineering.
I suspect a lot of people are just upset they got rejected
Except, Elon has been largely successful at being the "CEO" of these companies because he attracts talent to them. So...either:
(1) Businesses still will require human talent and if so, I don't see how an AI bot will replace a CEO who is necessary to attract human talent.
OR
(2) Businesses don't require any human talent beneath the CEO and thus a CEO is still necessary, or at least some type of "orchestrator" to direct the AI bots beneath them.
The entire point of an MBA is networking for executive roles.
Library card, google search, LLM, Annas archive, not even joking. I've seen the curriculum, its the kind of stuff you read a book about on a weekend.
> not particularly useful for networking, since the people you meet are at your own level.
I think you may have missed the point of the MBA.
He just kind of taught himself that in his spare time.
I guess some people get alot of value out of the 'knowledge' you gain from an MBA..
I view it as a signal to other MBAs as to the type of manager you are.
A CEO's job is (roughly) to maximize a company's valuation. It is not to run the company themselves, not to be nice, not to improve the world. I'm not claiming this is what _should_ be, just how it _is_. By this metric, I think Musk has done really well in his role.
Edit: Tangentially related -- at the end of the musical "Hadestown", the cast raise their glasses to the audience and toast "to the world we dream about, and the one we live in today." I think about that a lot. It's so beautiful, helps enforce some realism on me, and makes me think about what I want to change with my life.
It's called "lying to customers and investors".
> And the bad-person strategy works well for him.
Worked. Tesla is not doing that well recently. Others are a bit better.
Maybe, maybe not. We often see technology reach a threshold that allows for sudden progress, like Newton and Leibniz both coming up with calculus at around the same time (https://en.wikipedia.org/wiki/Leibniz%E2%80%93Newton_calculu...), or Darwin rushing to publish On The Origin of Species because someone else had figured out the same thing (https://en.wikipedia.org/wiki/Alfred_Russel_Wallace).
SpaceX benefited immensely from massive improvements in computing power, sensors, etc.
You can decide if that’s a touch of luck. I’m sure he had a few near misses in combat with an element of luck, too.
Some of it is luck. Often quite a bit.
I do not want to take credit away from SpaceX in what they achieved. It sure is complex. But it's also possible to give someone excess credit by denying others what is due. I don't know which part of 'reusable rockets' you are talking about, whether it's the reusable engines and hardware or if it's the VTOL technology. But none of that was 'invented' by SpaceX. NASA had been doing that for decades before that, but never had enough funding to get it all together. Talking about reusable hardware and engines, the Space Shuttle Orbiter is an obvious example - the manned upper stage of a rocket that entered orbit and was reused multiple times for decades. SpaceX doesn't yet have an upper stage that has done that. The only starship among the 9 to even survive the reentry never entered orbit in the first place. Now comes the 'reusable engine'. Do you need a better example than the RS-25/SSME of the same orbiter? Now let's talk about VTOL rockets. Wasn't Apollo LMs able to land and takeoff vertically in the 1960s itself? NASA also had a 'Delta Clipper' experiment in the 1990s that did more or less the same thing as SpaceX grasshopper and Starship SN15 - 'propulsive hops', multiple times. Another innovation at SpaceX is the full-flow stage combustion cycle used in the Raptor engine. To date, it is the only FF-SCC engine to have operated in space. But both NASA and USSR had tested these things on the ground. Similarly, Starship's silica heat tiles are entirely of NASA heritage - something they never seem to mention in their live telecasts.
I see people berating NASA while comparing them with SpaceX. How much of a coincidence is it that the technologies used by SpaceX are something under NASA's expertise? The real engineers at SpaceX wouldn't deny those links. Many of them were veterans who worked with NASA to develop them. And that's fine. But it's very uncharitable to not credit NASA at all. The real important question right now is, how many of those veterans are left at SpaceX, improving these things? Meanwhile unlike SpaceX, NASA didn't keep getting government contracts, no matter how many times they failed. NASA would find their funding cut every time they looked like they achieved something.
> It's the same as Steve Jobs, the Android guys were still making prototypes with keyboards until they saw the all screen interface of the iPhone.
Two things that cannot be denied about Steve Jobs is that he had an impeccable aesthetic sense and an larger-than-life image needed to market his products. But nothing seen in the iPhone was new even in 2007. Full capacitive touch screens, multi-touch technology, etc were already in the market in some niche devices like PDAs. The technology wasn't advanced enough back then to bring it all together. Steve Jobs had the team and the resources needed to do it for the first times. But he didn't invent any of those. Again, this is not to take away the credit from Jobs for his leadership.
> Sometimes it requires a single individual pushing their will through an organization to get things done, and sometimes that requires lying.
This is the part I have a problem with. All the work done by the others are just neglected. All the damages done by these people are also neglected. You have no idea how many new ideas from their rivals they drive into oblivion, so as to retain their image. Leaders are a cog in the machine - just like everyone else working with him to generate the value. But this sort of hero worship by neglecting everyone else and their transgressions is a net negative for human race. They aren't some sort of divine magical beings.
I thought determining vision/goals/direction was the responsibility of the board. The Chief Executive Officer is supposed to execute the board's wishes.
s/operates/operates on/
So they are a surgeon? Wouldn't be surprised at the damage they cause, conidering the business results of so many companies.
do you, always?
If there was a job description to "throw this football 50 yards into a trash can, a couple of times per week" I wouldn't be able to do the job at all, but an NFL quarterback might be able to do the job for 5 different companies while also Tweeting 50 times a day.
So did Meta.
I'm not saying this means successful CEOs don't have any relevant skills contributing to their success, but it's worth considering that for the most part we're only seeing the successful ones. It's hard to say how many would-be billionaire CEOs are out there with similar skills to someone like Elon Musk who just happened to get unlucky.
The secret sauce is execution.
Hired CEOs are there to execute a board vision.
Made CEOs are there to execute their vision.
Their level of expertise, access, relationships, etc all scale with the business. If it’s big, you need someone well connected who can mange an organization of that size. IANAE but I would imagine having access to top schools would be a big factor as well.
Looks like a CEO's job nowadays is to find out what the latest hype train is, and instruct the company to ride it.
something is different at elon's companies. My guess is he has autism superpowers of not caring about your feelings and just operating on the facts. Nothing done for show.
I'm roughly paraphrasing Andrej
(Of course, them serving on boards for multiple companies is another issue)
Maybe he’s just that good at what he does?
If you need to be lucky in meeting the right people, you can increase your chances by spending your evenings in the your nearest financial district watering hole. We’ve easily established luck can be controlled for, which puts us back into skill territory.
What specifically must one luck out on? Have you tried?
Everyone one of us here has an unbroken line of lucky (lucky enough!) ancestors stretching back a billion years or so. Pretending it's not a thing is silly.
When you're born matters. Where you're born matters. Who you encounter matters. etc. etc. etc.
> What specifically must one luck out on? Have you tried?
I think perhaps we have different definitions of luck.
Sure, but that's not what's being asserted. I am not "permanently locked out" of megacorp CEO roles; I'm just vanishingly unlikely to get one.
There are lots of people who have enough singing/dancing skill to be a mega popstar like Taylor Swift. There just aren't enough slots.
Could I become the next Steve Jobs? Maybe! I'd have to get really lucky.
I did.
> It talks about CEOs in general, not just megacorp ones, even if it does use megacorp CEOs in the intro.
This does not accurately describe the article.
Vanishingly unlikely to get one if you try, or vanishingly unlikely to get one if you sit on your ass all day?
I assume you’re talking about the former and yet I don’t think you’ve thought this through. I think you’ve blindly attributed to luck what actually requires time, perseverance, grit, lack of morality. The only way to figure that out is for you to offer up your understanding of what one must luck out on?
Because they're a form of luck?
If you're born in the developed world, that's luck. If you're born to supportive parents, that's luck. If you're Steve Jobs and you wind up high school buddies with Woz in Mountain View, CA, that's luck. White? Luck. Male? Luck. Healthy? Luck. A light touching of psychopathy? Luck!
> Vanishingly unlikely to get one if you try, or vanishingly unlikely to get one if you sit on your ass all day?
Both.
> I think you’ve blindly attributed to luck what actually requires time, perseverance, grit, lack of morality.
There are many, many people who devote time, perserverance, and grit to their endeavours without becoming a "hugely expensive" CEO. Hence, luck. Is it the only thing? No. Is it a thing? Yes, absolutely.
Those people who devote time - do they devote time to becoming a hugely expensive CEO or just some “endeavours”?
I think we’re fundamentally disagreeing on whether or not lack of luck can be adequately compensated for by exerting more effort. I have not yet heard of a compelling argument for why that’s not the case.
Again, no one said they're requirements. Just significant factors. You don't have to be white, you don't have to be male, you don't have to be from the developed world… but you do have to have some substantially lucky breaks somewhere.
A quadriplegic orphan of the Gaza War might become the next Elon Musk. But the odds are stacked heavily against them.
I played every single day, and I played at different locations. I also made sure I performed my pre-ticket rituals which I learned from other lottery winners. Other people could have done the same. It’s absolutely a skill issue.
So what does that tell you?
It must be luck plus something else.
That is why I said “significant role”, not “the only requirement”, yes.
And what is typically done is you ignore it. It’s always there, it’s random, and it applies to all samples.
Same with luck and success. You can control luck, so you focus on what’s left.