• antianarchist@sopuli.xyz
    link
    fedilink
    arrow-up
    0
    arrow-down
    1
    ·
    11 days ago

    This is true, and we also can see how much power investors have versus the board, if you look at the Sam Altman and OpenAI hickup.

    So while technically the board picks the CEO, the power lies within the top 10 shareholders. And Bezos is not one of them.

    • valar@lemmy.ca
      link
      fedilink
      arrow-up
      2
      ·
      11 days ago

      Fair enough. TBH I’ll still blame him for this kind of thing just for hoarding all that wealth, let alone the fact that he created the company in the first place.

      • boonhet@sopuli.xyz
        link
        fedilink
        arrow-up
        1
        arrow-down
        1
        ·
        11 days ago

        let alone the fact that he created the company in the first place.

        I’m not sure THAT bit is what we should blame him for. If you remember, Amazon was originally just a convenient way to order books you might not find anywhere else because they connected you to tens of thousands of publishers.

        What they are now is, of course, a different story.

          • boonhet@sopuli.xyz
            link
            fedilink
            arrow-up
            1
            ·
            11 days ago

            Yes, and that’s something he should be blamed for. Though admittedly he didn’t do that alone either. Current CEO of Amazon was the head of AWS for a long time and is basically the reason the half the Internet runs on AWS, which is way worse than the shopping and delivery part of it