Powell was recently quoted as saying "We understand better how little we understand about inflation.”
The authority and respect the last generation commands needs a real challenge. Substantive change and not just chanting “disrupt” while playing the same game.
Their figurative identities should not be sacrosanct.
These events impact the broader economy by having too many people idle aimlessly rather than end up productive elsewhere.
Now they get to lose even more time being productive finding gigs.
Brenden Gregg leaves Netflix, weeks later its stock and reputation tank. They don’t think we know, but we do. There’s no reason to put our faith is people who are clearly more of the same rich grifters being propped up by collective belief. Believe something else.
Meanwhile 80% of the previous generations Fortune 500 are gone.
Everything dies. This simple minded confidence game we require each other play to validate usefulness is getting old.
You’re one of seven billion humans who will die, one of millions of programmers to pick from to prop up trade of Daddy Dollars.
You’re not sticking around either and cannot prove your contributions were truly more valuable than anyone else’s (models have been built to ascertain which human leadership traits and which technology make us more productive and all became too complex to understand).
Don’t blink though; keep pretending we’re onto something with folksy anecdotes, and nostalgia for past wins.
Powell was recently quoted as saying "We understand better how little we understand about inflation.”
The authority and respect the last generation commands needs a real challenge. Substantive change and not just chanting “disrupt” while playing the same game.
Their figurative identities should not be sacrosanct.