this post was submitted on 20 Jan 2026
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Majority of CEOs report zero payoff from AI splurge (www.theregister.com)
submitted 1 day ago by brianpeiris@lemmy.ca to c/technology@lemmy.world
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[–] bagsy@lemmy.world 56 points 1 day ago (4 children)

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.

[–] oce@jlai.lu 3 points 20 hours ago* (last edited 1 hour ago) (1 children)

Are they? Rakuten is led by a business guru and the products are subpar unless they bought them. Also Japan has a huge deficit of native (software) engineers, so most of the engineers at this kind of companies are Chinese and Indian. Which companies are you thinking about?

[–] bagsy@lemmy.world 1 points 14 hours ago (1 children)

i always thought the car makers and other manufacturers were engineed led. I admit i am no expert in modern Japanese business.

[–] oce@jlai.lu 1 points 1 hour ago* (last edited 1 hour ago)

That's possible, I don't know about the heavy industries. Checked for Toyota, founder was an engineer, second family CEO was also engineer, third was MBA, current CEO is not from the family and is an engineer. In any case, I don't think having an engineer CEO guarantees anything, aren't the GAFAM mostly led by engineers but got enshitifified for short term profit anyways?

[–] Opisek@piefed.blahaj.zone 25 points 1 day ago (1 children)

Line go up

[–] Bluegrass_Addict@lemmy.ca 11 points 1 day ago

except for now where that line isn't doing shit but getting shoved far up their greedy asses

[–] UnspecificGravity@piefed.social 14 points 1 day ago (1 children)

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.

[–] Mondez@lemdro.id 2 points 6 hours ago

Sadly the virtuous circle of profits being put back into research and development seems badly broken in so many business now.

[–] SocialMediaRefugee@lemmy.world 2 points 22 hours ago

Making money by shuffling money around.