lol! They are not mistakes by any means, they are tried and true approach to generation of their own wealth. They are not in it for progress, only for the money and power

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Reminds me of the Jack Welch approach to management. Worked until it didn’t.

Yet it is still widely utilized, regardless of how well or bad it works

It shall break hard enough independently to force change or market conditions will dictate the pace of change. I get it too, and we all have to be aware of the hooks and trappings as we use these tools and navigate the technology