Given this, then they are depending on their group level of hiring taste, or on one or two people with good hiring taste being able to dominate the group’s decision. Either way, hiring taste erodes quickly when diluted by bad hires. So they seem F’d even beyond their “we don’t believe our own findings” existential crisis, because their likely bad hiring taste will lead to an equilibrium where they can’t create better findings. :D
Given this, then they are depending on their group level of hiring taste, or on one or two people with good hiring taste being able to dominate the group’s decision. Either way, hiring taste erodes quickly when diluted by bad hires. So they seem F’d even beyond their “we don’t believe our own findings” existential crisis, because their likely bad hiring taste will lead to an equilibrium where they can’t create better findings. :D