this post was submitted on 22 Jul 2023
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Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking (www.latimes.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking::Inspired by the success of Netflix, Hollywood studios pursued Silicon Valley-style hypergrowth with tactics borrowed from the likes of Uber and Lyft.

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[–] Gradually_Adjusting@lemmy.world 23 points 1 year ago (1 children)

"ChatGPT, read this SEC filing and these quarterly reports. Suggest high level areas for improving shareholder value and the performance of the business as a whole as an agenda for the next board meeting. Issue a statement to the investors. Then golf and do cocaine for three months."

CEOs r fuk

[–] Sanctus@lemmy.world 9 points 1 year ago

Its not even funny how true this statement is. ChatGPT could easily replace every managing partner at my company and the business would have all the more money to reinvest into itself without them pocketing all the profit.