What article is not mentioning is this, for the US:
Private sector: + 687,000
Government sector: – 319,000
Total: + 181,000
---
The government sector doesn't produce virtually anything that counts toward GDP, so GDP growth relates not to 181k of total employment growth but to 687k of private-sector growth.
So, no, this is not about eliminating jobs and a few people getting rich.
It is about statistcs, and lying to force the agenda.
As a founder/CEO who started as a programmer, I have been running my second company for 15 years. I am not great, but I got the company to be sizable and profitable.
1. I will take five automated CEOs. If I can split my company into five distinct companies (one per product), it would be amazing. We are splitting the company into two to streamline focus on different/incompatible industries, and I am dreading the process of finding another CEO. It is very, very hard.
2. I know a lot of CEOs. It helps. I didn't know a single one when I started. It is no more a cult than my programmer's peer group was.
3. Did I tell you how hard it is to find a good CEO? It is VERY, VERY hard. Think of hiring a great product guy with agency to do whatever needs to be done, with people skills to attract talent, a sales drive, and a willingness to deal with finance & legal. Oh, and I am in the tech field, so I need him to be very hardcore technical. Your mileage might vary, but this is who I need. Anyone who has that is running their own companies. Oh, and the person has to have a proven track record. I cannot let someone unproven ruin the company and well-being of hundreds of employees and tens of thousands of customers.
4. I don't believe CEOs are special in any way other than that most other professionals are special. There are probably some underlying qualities, but they're all so different.
5. Some CEOs got there because they were lucky, but they didn't stay there for long because of luck. It is very, very simple to screw up as a CEO.
6. Growing someone within an organization to become a CEO is very hard. We are trying - giving some people more and more responsibilities, trying to involve them in more and more aspects of the organization. The filter is - repeatable success. You don't have to succeed all the time, but you have to succeed most of the time. Most people don't want the pressure, aren't interested in certain aspects, or are unsuccessful more often than they should.
7. Boards are not a cult as well; they don't have CEO's back. Boards are represented by investors (pension funds, wealthy individuals, etc.) - they will oust the CEO if the company's performance suffers. They are willing to pay a lot to the CEO because ... it is so hard to find a good CEO.
People wouldn't keep using old shoes, and I am old enough to remember graphic artists who wouldn't use computers. It takes time. At some point, it will be a no-brainer. Yet, it will not be simply because method A is so much better than method B. It will be because people using method B change, retire, or are fired.
California prohibits non-competes, which is one of the reasons why so many new start-ups are created here.
So, while it is not the most 'business' state, it is actually very startup-friendly.
No one takes them to jail; companies and organizations can run however they want, unless they break laws.
It doesn't mean that the government that runs and wins on an anti-DEI agenda should give them money.
PSF made their own choice based on their own politics and optics. Note that requirements had nothing against diversity or fairness. It was fairly specific: "discriminatory equity ideology in violation of Federal anti-discrimination laws."
DEI was weaponized in the USA, where in quite a few instances, people couldn't get promoted or hired because of their race (typically white or asian). It was about preferential treatment, where you would get hired because of your race, and not merit.
I am all for diversity, I am all for fairness, and I don't think we should exclude people based on the color of their skin or their socioeconomic status.
Yet, that is exactly what DEI did, and I have seen it firsthand many, many times.
I visited Portland a month ago. There are security guards at each pharmacy and supermarket. I got screamed at by a violent/homeless person because I walked on her block. Some streets - and we are talking downtown/center - I was just afraid or disgusted to walk on.
So, yes, Portland is a dump that needs to get cleaned up.