What did WB release in 2022 that was a huge hit?
actual brain dead monkeys running these game companies.
This isn't even a capitalism problem this is the result of promoting absolute fucking morons to higher positions and not ever firing them.
I'm not sure about every other country, (maybe in some places in EU as well) but in general as crazy as it sounds it's very possible in the US to fail upwards.
I've visited some tech companies in when I was first starting college and we visited places like Western Digital (the hard drive guys) they showed us their offices and stuff and we also learned about their CEOs of the past and stuff and just crazy stuff.
No one wants to hold accountability. The shareholders only want more money, worst case scenario, just fire the CEO, and get a new one. All while also giving the CEO a lot of money before leaving the company.
The thing is that I don't think people actually want to be CEOs, people that truly love a company and want to be a part of the process don't really want the position so that means that someone else has to take it.
The whole CEO thing does get made fun of a lot. There was this show on NBC about this one lady that becomes CEO of basically Ford/GM. The reason she become CEO was because she was previously the CEO of a big Pharma company. Which she made a ton of money for them, but also got people addicted to drugs and all sorts of very unethical stuff. Also the only heir to the company is basically an idiot that doesn't want to do anything and just wants to take credit for stuff he doesn't do. In parts of the show she doesn't really know what to do, she doesn't even drive a car at all.
Anyway, one the show is a type of work place comedy like the office and Superstore. At least the way the shows CEOs is that they are pretty much idiots that don't know what they are doing, damaging the company, where their big pay out of stuff like stock options for the company will be given to them so long as they are able to stay in the position of CEO for at least 3-5 years. So they aren't really looking long term for the company beyond just those years. The only time the CEOs seems to get "serious" seems to be damage control. Since they seem to have some experience of that from their previous jobs. But that's about it. Poops hit the fan, time to take care of stuff that will potentially cost the company hundreds of millions of dollars.
I'm not sure if that show got a season 2. I found it entertaining.
Also the only time the CEO does try to do stuff seems to be when shareholders gets upset, and even then they don't have to do stuff right away. Some time even just lie to shareholders. And then later tell them, oh our projections didn't hit their target. Those were our estimates to begin with.