this post was submitted on 20 Jan 2026
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All this article is showing is that a large number of CEOs are swayed by hype and make poor decisions. What other poor decisions are they making all the time?
I am thoroughly convinced that the MBA is the most useless degree ever because when you look at how large businesses run so poorly, and are run by MBAs.
In Japan, engineeing companies are run by the engineers which I think is the better way.
Ill never understand why American companies insist on being led by business majors who know nothing and dont care about the product being built.
Because the thing that makes American companies make money isn't the production of better products its "business magic" that games stock prices. its been that way for a long time.
Sadly the virtuous circle of profits being put back into research and development seems badly broken in so many business now.