[extropy-chat] You're Fired

[Eliezer S. Yudkowsky]

BillK wrote:
> 
> I thought I had addressed that issue.
> "Market movements are unpredictable, meaningless and random".
> Unpredictable, random price movements cannot be used to validate a
> CEO's performance, except in a few outstanding examples, e.g. where
> they turn round a failing company. But profits are probably a better
> measure in that case, rather than share price level.
> 
> In a rising market, every CEO will claim they are obviously doing a great job.
> In a falling market, every CEO has good excuses available.
> After all, in a falling market you can't sack every CEO, can you?

Bill, read Robin's actual paper.

-- 
Eliezer S. Yudkowsky                          http://singinst.org/
Research Fellow, Singularity Institute for Artificial Intelligence