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Atrioc

๐Ÿ‘ค Speaker
3331 total appearances

Appearances Over Time

Podcast Appearances

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

McKinsey's business model is to hire a bunch of college graduates who've never run a company and then charge another client $5 million to have these college graduates do a bunch of PowerPoints and they charge them $5 million.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Beast business model.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

It's honestly a crazy business model.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

It is a beast business model.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

But they do all of this stuff, right?

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

They do have a staff of people and to their credit, McKinsey generally hires like wicked smart people out of very high end schools.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

They do maintain their prestige and they spend months creating the analysis and whatever else, even if the analysis at the end is like, yeah, lay off tons of people.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

So if you think about AI though, AI could just take the data set of all the analysis they've done and then just shit something out to a client, right?

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

McKinsey could very easily make an AI that replicates what their team of human beings does and just does like an okay, you know, pretty close, let's say 90% version of it, but kind of misses some core things.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And even if McKinsey is like, we don't want to do it.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

We want to maintain our prestige.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Well, another company is going to come along and say, hey, we're going to get you the report in one week and it's going to cost $1 million instead of $5 million.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And he talks about McKinsey is all of a sudden McKinsey has this massive competitive pressure and they will fall in line because they're not going to lose business over this.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

So what I'm really concerned about now is not only are companies being driven by Wall Street short-term profits, which means lay people off and replace them with AI, which is not ready to do the critical thinking and misses certain things.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

But on top of that, we're going to have this shitty race to the bottom where they're forcing more AI usage and more layoffs when it's not ready because everybody's going to be doing it.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

And I find this to be pretty concerning.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Dude, like Dario Amadai, biased, works for Anthropic, has a long essay he did about two weeks ago and just lists.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

So they're making Claude and he's like, I really think this is going to destroy jobs at a much faster rate than anybody else.

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

I don't...

Lemonade Stand
The Biggest Merger Ever | Ep. 050 Lemonade Stand ๐Ÿ‹

Maybe he is incentivized to do that.