In the history of humanity management has never been competent at scale. Entropy gives rise to signal attenuation which gives rise to generational churn which collapses empires and businesses
All these people had was ZIRP and preferential taxation, and the even more ignorant masses imaginations to manipulate
The ability has never been there because no real goal is there to build around; endless forever existence of Facebook and Meta? So like with Christianity, 2000 years from now people need to keep preaching to Saint Zuck's mind palace?
That's not a real goal. Most SaaS companies existed only to serve a political meme of "create jobs".
Anecdote time; startup I worked for was bought by Oracle in 2015
Oracle was all in on spinning up a less corporate bubble that felt like the startup zeitgeist; we had Slack while Oracle legacy units had in house XMPP
Management was dumping everything into data center and cloud growth and trying to catch up
I stayed for a couple years to help my team migrate and prepare for release the product Oracle bought the startup for. Not long but long enough to get a sense of the internal story and driving themes
No doubt in my mind this is Oracle trying to get ahead in this hype cycle. By 2017 upper management did nothing but lament how far behind Oracle was.
Cut n run from everything early this time to go all in on new meme is exactly the kind of choice Larry would make given constant anxiety on display about missing the cloud bubble.