'Ray, this is a religion': How Bridgewater lost two top hires

Post by adamgordonbell » Tue, Nov 07, 2023, 9:13 PM UTC

dwaltrip wrote: post #3

> His main interest, as he wrote in his best-selling autobiography-cum–self-help book, Principles: Life and Work, is to lead others toward “meaningful lives” and “meaningful relationships.” … > Staffers were given iPads and directed to rank one another on a one-to-ten scale on their performance dozens of times per day in categories derived from Dalio’s Principles … > The goal of all the data, Dalio would say, was to…

Post by [deleted] » Tue, Nov 07, 2023, 9:14 PM UTC

dwaltrip wrote: post #3

> His main interest, as he wrote in his best-selling autobiography-cum–self-help book, Principles: Life and Work, is to lead others toward “meaningful lives” and “meaningful relationships.” … > Staffers were given iPads and directed to rank one another on a one-to-ten scale on their performance dozens of times per day in categories derived from Dalio’s Principles … > The goal of all the data, Dalio would say, was to…

Post by cjohnson318 » Tue, Nov 07, 2023, 9:14 PM UTC

Post by 23B1 » Tue, Nov 07, 2023, 9:17 PM UTC

Post by RGamma » Tue, Nov 07, 2023, 9:18 PM UTC

erulabs wrote: post #5

RGamma wrote: post #4

This may have been just a stupid delusion by Dalio but some day one of these sociopaths is gonna get their hands on the wrong AI model and end us all. The necessary precondition of private individuals side stepping democratic control via their unchecked powerful organizations is already established. Gotta hope for the whistleblowers...

I think you're seeing it wrong. When CEOs no longer need scientists and engineers, when they can speak their will into existence directly, they will immediately destroy themselves . This rating system, had the CEO gotten it's say, would not have made Bridgewater thrive. That stupid ideas are often impossible to accomplish is a huge barrier to stupid leadership screwing themselves sideways. Anyways, thats the optimist…