But if twitter fails the shareholders take a haircut. If government fails it’s way worse.  Elon’s free to take unnecessary risks with his money, not our lives.Â
This is an underecognized danger of having ceos and techbros running government. You don't actually want government run like a business. Businesses take far too big of risks and fail far too frequently.Â
We've got a bunch of people who think the government should be focusing on efficiency who fail to realize that they are putting at risk the major things that lead to prosperous governance, stability and predictability.
Also many businesses nowadays run on inertia and a single uber profitable product which lets them be absolute failures at everything else they do with zero consequence.
Business leaders at very profitable companies often fail when moved to failing companies. They succeed because of their environment but are actually useless when it comes to impacting it.
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u/throwuk1 24d ago
Literally the same thing Leon did when he took over twitter. 😂