If you read this article looking for new or surprising insight, you won't find it. It is not new information that Boeing started a rapid decline shortly after the McDonnell Douglas merger, and it will be unsurprising to you to hear that shortly afterwards, Boeing began abusing its most senior employees into leaving. What this article offers is new detail into exactly how Boeing has gone about cannibalizing itself. Th…
"the lengths to which they went to ensure all prior institutional knowledge regarding how to properly build a plane was systematically destroyed." why do this intentionally?
What Boeing did to all the guys who remember how to build a plane
101–110 of 568 posts
Re: What Boeing did to all the guys who remember how to build a plane
#102Re: What Boeing did to all the guys who remember how to build a plane
#103Earlier quoted context omitted.
"the lengths to which they went to ensure all prior institutional knowledge regarding how to properly build a plane was systematically destroyed." why do this intentionally?
Y'all're gonna hate this, but financialization and the relentless pursuit of profits. Every time this stuff happens, people ask why, and it's because of greed. When you focus on making money above all else, this is what happens. It's not a mystery.
Re: What Boeing did to all the guys who remember how to build a plane
#104Earlier quoted context omitted.
"the lengths to which they went to ensure all prior institutional knowledge regarding how to properly build a plane was systematically destroyed." why do this intentionally?
Y'all're gonna hate this, but financialization and the relentless pursuit of profits. Every time this stuff happens, people ask why, and it's because of greed. When you focus on making money above all else, this is what happens. It's not a mystery.
Re: What Boeing did to all the guys who remember how to build a plane
#1050. I acknowledge that capitalism has caused a lot of problems, including Boeing problems.
Re: What Boeing did to all the guys who remember how to build a plane
#106"So the people that can make the company more successful are sales and marketing people, and they end up running the companies. And the product people get driven out of the decision making forums, and the companies forget what it means to make great products. The product sensibility and the product genius that brought them to that monopolistic position gets rotted out by people running these companies that have no co…
Re: What Boeing did to all the guys who remember how to build a plane
#107Earlier quoted context omitted.
Rather: Money > consequences. And so far, they've been right. How likely will old managers that have long left, but fully participated, be held accountable?
You may be right.. your comment reminded me of the formula from Fight Club. Maybe the airlines made that calculus, reasoning that, after all this time their planes were safe enough, and the chance of an accident were low. Even still, it was cheaper to settle lawsuits. "A new car built by my company leaves somewhere traveling at 60 mph. The rear differential locks up. The car crashes and burns with everyone trapped in…
Re: What Boeing did to all the guys who remember how to build a plane
#108Earlier quoted context omitted.
>Boeing's stock price went up 10x in the time frame covered by the article. The people responsible for gutting the company have cashed out. Why does the stock market reward idiot shit like this? I've seen the same whit a a large US semiconductor company. In the 2008 crunch, the fired the most tenured employees and offshored the work abroad. Granted, the company didn't fail, their stock went up and now it's 5-7x that…
> Why does the stock market reward idiot shit like this? Well at a first order, the answer is that the stock market as a system for promoting value creation is an imperfect approximation of an ideal value creator, and more and more we are beginning to see the myriad of ways this concept produces antisocial results. (See for example the state of hospitals and schools, and the rising rate of individuals with crippling…
yet
> See for example the state of hospitals and schools, and the rising rate of individuals with crippling medical and college debt.
Ummmm. State hospitals and schools are not traded on our stock exchanges. If there's a failure here, it's not with equities markets.
There's an obvious common denominator between the examples you give, and that these are the most highly-regulated industries in America. My first guess as to where to lay blame would be on those regulations - although we'd really need to dig into whatever the specific failures you're thinking of, if we want to be sure.
Re: What Boeing did to all the guys who remember how to build a plane
#109Earlier quoted context omitted.
>Boeing's stock price went up 10x in the time frame covered by the article. The people responsible for gutting the company have cashed out. Why does the stock market reward idiot shit like this? I've seen the same whit a a large US semiconductor company. In the 2008 crunch, the fired the most tenured employees and offshored the work abroad. Granted, the company didn't fail, their stock went up and now it's 5-7x that…
Because, depressingly, the stock market is correct. Boeing is one of two manufacturers for planes of this size. The other is totally backlogged with orders. The stock market has assessed, correctly, that Boeing can withstand this loss of knowledge and keep generating profit. Does it result in shit equipment that literally kills people? Sure. But how many people are going to stop flying because of it? Not many. Throw…
Re: What Boeing did to all the guys who remember how to build a plane
#110> Swampy believed relying on mechanics to self-inspect their work was not only insane but illegal This sounds like the changes that have taken place in the software industry in the past 10-20 years. Engineers are meant to do much more than engineering, including testing their own software, managing project timelines, etc., however with software nobody dies, you just get crappy software that constantly breaks and need…
The real fix is popularizing the notion that management is just as commoditizatable than those they seek to commoditize. Note that in the recent dialogue about AI eating jobs, there's zero mention of whether it could come for management positions. Nothing. Curious, isn't it? Why wouldn't an LLM be good enough at this? I mean, it's really data-driven, right?