Comment by gtowey

> Why must a mistake have been made, as opposed to just changes in the market?

If you're high up at a company like Meta, you likely have a compensation package worth millions a year.

The question is what are they being paid for if not to be "better" at steering the ship than others? They always tell us they are brilliant leaders who bring more value to the company than others could or would.

So if they're just following the market like everyone else, and having to react with large reversals, then to me, it starts to poke some pretty large holes in this idea that they are somehow the best of the best. It starts to look like their only real skills are self-promotion and career advancement. Not because they're better at operating the company, but because they're better at office politics.

This is nothing new of course, this is the way most organizational structures have worked since the dawn of time. The people with power are given deference and privilege commensurate with being elite, but really they're just average at doing their actual job and kind of guessing their way through it. I'm not saying Meta is special or uniquely culpable for this mistake here. I'm saying it's a sad fact of life and maybe, just maybe, if we all start saying out loud this truth, that this is something we could change as a society.