This is true. And it's already becoming a reality. You can see a lot of "stupid" managers in corporations being incredibly wealthy compared to some talented technicians that actually do stuff for them.
The only thing these managers are good at is pushing idiotic processes to corporate system and hoarding money.
Arguably, the only thing they're good at is convincing the board (and through them, the shareholders) that they're worth their high valuation. Also arguably, this is all they need to do in a capitalist system.
Comments
This is true. And it's already becoming a reality. You can see a lot of "stupid" managers in corporations being incredibly wealthy compared to some talented technicians that actually do stuff for them. The only thing these managers are good at is pushing idiotic processes to corporate system and hoarding money.
Arguably, the only thing they're good at is convincing the board (and through them, the shareholders) that they're worth their high valuation. Also arguably, this is all they need to do in a capitalist system.