Comment

Comment by nostrademons

Relevant for a lot of geopolitical and corporate strategic situations as well. The whole Mideast situation we're in now is because we were in zugzwang and a couple leaders felt the compulsion to move. Taiwan is a similar situation: the best policy is "strategic ambiguity", which is holding for now, but is a bit of an unstable equilibrium.

More relevant to a business site, this is the situation many large corporations find themselves in. Say you're Google and you own an immensely profitable monopoly. The very best thing you can do is nothing; anything you do risks upsetting the delicate competitive equilibrium that you're winning. If you're an executive, how do you do nothing? You can't very well hire thousands of employees to do nothing and pay them to do it. But if you don't have thousands of employees, and your job is doing nothing, how do you justify the millions that they're paying you?

The strategy many executives use is to set different parts of their organization at odds with each other, so that they each create busywork that other employees must do. Everybody is fully utilized, and yet in the big picture nothing changes. Oftentimes they will create big strategic initiatives that are tangential to the golden goose, spending billions on boondoggles that don't actually do anything, because the whole point is to do nothing while seeming like you need thousands of people to do it. And the whole reason for that is because most people are very bad at sitting still, and so if you didn't pay them a whole lot to do nothing useful, the useful stuff they'd be doing would be trying to compete with and unseat you. (You can also see this in the billion dollar paydays that entrepreneurs get when they mount a credible threat of unseating the giant incumbent.)

parent nostrademons 6 months ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton