zlacker

Hiring famous well known big names of the industry (even if they're useless and will just coast for crazy money) sends a strong signal to investors and will most likely boost MSFT stock price during this ongoing AI bubble.

And once the AI bubble pops as everyone learns AGI indeed NOT 'around the corner', Microsoft will silently let him go with a golden parachute in the 8 figure ballpark.

At least that's what I learned from watching the Silicon Valley satire.

>>Firmwa+(OP)
This is a good point. I hadn't noticed Microsoft's share price dropping 20% on the initial announcement.

>>Firmwa+(OP)
These things just show over and over again how irrational the "market" behaves. Most of all it's a big hype train and you better be lucky on the time to hop on or off.

If you are the lucky CEO of a company during the phase of success, investors will associate you with success. It's just easier to identify than understanding what the company does in detail and why it is successful or will/won't be in the future.

Good for Sam.