At this point it isn’t AI slop, it’s got to be major Fraud by PWC. They were paid for in depth meticulous analyses, and instead, they just asked their drunk uncle AI, who claims to know everything, but really just has the knack to BS a halfway believeable answer.
Why are these companies still operational?
inertia, and management globally being unable to make a decision on its own, and wanting to outsource it.
You’re not wrong, but j feel like people have been so slipped up by a century of neoliberalism and education cuts, 20 years of social media, and five years of chatgpt+wsb/bettingmarkets, that there’s no solution left to anything but violence. I hate that shit.
Some of these problems could be solved other ways,but they require much more sophisticated coordination and the capitalists have just digested it out.
The reality is no one person is qualified to “run” a multinational megacorp. Not a single human being knows enough for this level of complexity, but the only reason any of them can justify the ungodly amount of marginal return they take is to pretend they’re super-geniuses while relying on ‘consultant’ teams to do the actual thinking, and also keep it quiet that they’re no more competent than the janitor they’re making 1000x the salary of (all in stock options of course, but 1000x nonetheless).
All of this would work better if the “bosses” could accept they aren’t demigods, that the domain expertise to make collective decisions is within their existing org charts and they just need to step down off their high horses and remember they are just a cog in a much bigger machine that makes its own decisions with or without their input. They’re self-important sales reps, with just enough of a grasp of finance to be dangerous to themselves and others. I’m sure me and my 10 closest colleagues would also be inclined to say we do a billion $ of work every day if we were writing our own bonus agreements. We just wouldn’t have the hubris to convince ourselves it’s true.
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No, what you need is something that can facilitate coordination and communication between many moving parts, inspire confidence in the team, create stability, and sell a vision to generate investment, and those functions do not necessarily all need to be one person. You do not “need” a leader, you want a leader because it’s easier to conceptualize a relationship with a figurehead. Much like the rump English monarchy, the executive is a vestigial appendage and an artifact of of an aristocratic era of patronage. Locking in a coherent direction does not require a “decider”, there are other ways to achieve that. By designing companies to minimize personal liability and accountability, they have also designed themselves out of a useful role.
I think that’s insane. It’s the way you’ve done things where everything else was punished, because anything else was literally made unthinkable, but that’s like the worst means of coordination with too many essential unmitigatable flaws to outline here.
Even systems that explicitly work on those terms on paper need other methods in place in reality to patch over the gaps, and, my biggest organizational pet peeve: so much effort that could be spent on administration adaptation and plain physical tasks gets repurposed to enforcing the hierarchy and a recursive internal arms race about power struggles and responses to enforcement. Those systems are not resilient, efficient, coherent, precise, or particularly durable.
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There’s only one big accounting firm left, what are you going to do, fire them?
Plausible deniability in a can. Same shit, different day.
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not at all surprised. another of the big four got caught in australia and had to refund fees charged.
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This is the end-point of capitalism: the ultra-wealthy just allowed to run these organizations and only pay an utterly negligible fee for their transgressions.
It’s going to keep happening and more and more often, because the oligarchs have finally completely taken over the global political theatre. Without a global revolution from the workers, we will end up going backwards and undoing everything.
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PisswaterhouseCoomers
PriceWaterhouseCucks
The same PWC that lets companies buy awards?
Again. There has been at least 2 other instances.
…that we know of.
And of course TechSpot posts this very story illustrated with an AI slop picture of a guy with a robot, because no human could possibly draw such a thing for them.
Why would you sully the only thing you really have, your reputation, with a stupid ass shortcut and not even bother to check to make sure it’s at least factual. This screams some c-level dickhead mandating AI use because it’s the hot new thing without actually understanding anything at all.
Businessmen gonna “business”.
Strategic Investigations and multi site analysis, cross referenced with some other made up shit, reveals that this was statistically unlikely.
I applied to them once, six-seven years ago I think. They had an open position that fit my profile.
I have never been so retrospectively delighted about a rejection. Not only do I enjoy my current job a lot more than I expected, I’m also glad I dodged that particular bullet.
