The top comment right now on the thread on Apple’s new AI exec hire is entirely about how “suits” and “management” are worthless. Recent economic research, as pointed out by Tabarrok here, strongly disagrees.
Many times suits and management drive the company right into the ground.
Yep, and that's exactly why suits and management are so important -- their competence determines whether the business survives.
To be fair, A fair few technologist-led startups have failed because they focused exclusively on product, sure that the market would beat a path to their door.
Like most things in life, it’s like walking a tight rope. Too far one way or the other results in failure.