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Qiaochu_Yuan comments on Can the Chain Still Hold You? - Less Wrong
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That strikes me as an extremely wrong way to allocate human resources. Good executive directors can't be rarer than good FAI researchers.
But wouldn't you prefer to have an executive director of foos with the technical expertise to be a foo himself, so he has a better understanding of the foos that he's executively directing?
Yes, but ceteris ain't paribus. If foo=software engineer, sure, make one of yours executive director, then throw a brick in the Bay Area and hire the one you knocked out.