41–50 of 86 posts
Earlier quoted context omitted.
Especially when it comes to CEOs. I have worked at companies where the CEOs literally offered nothing but the skill of being friends with other CEOs.
CEOs are there for the board to throw under the bus when necessary.
Calling employees 'lower-value human capital' reveals a lot about a company's internal culture, regardless of the PR walkback. Even if AI can automate certain tasks, language like this completely destroys team morale and trust. Good leaders should view automation as a tool to empower their team, not just a weapon to cut costs.
Oh man. It is a bank, Most finance people think exactly like that. They just pretend most of the time they don't and we also pretend that we believe them most of the time. Maybe it is about time we stop with all those pretend pleasantries and face the reality: when mega finance CEOs talk about our glorious UBI feature, they are not planning an idilic post-work world that looks like a Jehova's witness book illustratio…
Or even just Children of Men.
Calling employees 'lower-value human capital' reveals a lot about a company's internal culture, regardless of the PR walkback. Even if AI can automate certain tasks, language like this completely destroys team morale and trust. Good leaders should view automation as a tool to empower their team, not just a weapon to cut costs.
They should, but they don't.
Use and abuse is lawful and expected.
Humans are humans. Not "capital." Not "resources." They're f*cking people . Business is business and you have to be mindful of costs. But good lord, is it that hard to understand that treating your employees with basic decency is positive for your company?
That phrase "lower-value human capital" fills me with rage.
If I replace a crew of ten ditch diggers with one guy and an excavator, I have replaced lower-value human capital with higher-value mechanical capital for that task. Does the replacement enrage you in that case, or just the phrasing? Should we be using spoons instead of excavators, and abacuses instead of computers, in order to maintain a high value on human capital?
Why have any labor protections whatsoever? Are we to use horses instead of cars?
I am not always certain if the people who are ostensibly in charge recognize how much anger exists in the society already ( though I can only offer anecodotes ). There absolutely is zero need to antagonize them further in such a manner. Add to this other stressors, throw in midterms and you have a recipe for a disaster.
I'm wondering what it is going to take to get them to pay attention.
Earlier quoted context omitted.
Yes and no. The company is a bank - it's job is to take money and make money with that. I'm not surprised executive management is publicly saying they want to make investments in assets that will help their clients and they themselves make more money.
Where does it stop? Slavery would be fine if only it were legal? I mean that is the logical conclusion of a lot of business efficiency thinking. Business efficiency in a lot of ways is inhuman and against the spirit of "the collective tribe," which was originally about mutual wellbeing, not the ever more efficient extraction of resources to the benefit of the chosen few, although it was perverted that way at some poi…
Yes. Numerous corporations use outsourced slave labor in places where it is legal, or where bribery makes it easy to look the other way. Many of the rare earth elements in your electronics were mined and the devices assembled by slave labor. Agricultural companies United Fruit Company and Nestle are notorious for teaming up with local criminal groups and kidnapping locals in various countries and running slave labor camps.
Earlier quoted context omitted.
Where does it stop? Slavery would be fine if only it were legal? I mean that is the logical conclusion of a lot of business efficiency thinking. Business efficiency in a lot of ways is inhuman and against the spirit of "the collective tribe," which was originally about mutual wellbeing, not the ever more efficient extraction of resources to the benefit of the chosen few, although it was perverted that way at some poi…
Considering the unethical practices done in the name of money I wouldn't be surprised that some companies would make use of slaves if it was legal to do so.