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Meritocracy and the Peter Principle … or why some employees rise in the hierarchy through promotion until they reach the levels of their respective incompetence
https://www.investopedia.com/terms/p/peter-principle.asp
http://en.wikipedia.org/wiki/Peter_Principle
The Peter Principle is a special case of a ubiquitous observation: Anything that works will be used in progressively more challenging applications until it fails.
Applied to humans, the selection of a candidate for a position is based on their performance in their current role rather than on their abilities relevant to the intended role.
- The Peter Principle is an observation that the tendency in most organizational hierarchies, such as that of a corporation, is for every employee to rise in the hierarchy through promotion until they reach a level of respective incompetence.
- According to the Peter Principle, every position in a given hierarchy will eventually be filled by employees who are incompetent to fulfill the job duties of their respective positions.
- A possible solution to the problem posed by the Peter Principle is for companies to provide adequate skill training for employees receiving a promotion, and to ensure the training is appropriate for the position to which they have been promoted.
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AI and the Law – CartoonBrew.com : Lionsgate signs deal with AI company Runway, hoping that AI can eliminate storyboard artists and VFX crews
The goal is to reduce costs by replacing traditional storyboard artists and VFX crews with AI-generated “cinematic video.” Lionsgate hopes to use this technology for both pre- and post-production processes. While the company promotes the cost-saving potential, the creative community has raised concerns, as Runway is currently facing a lawsuit over copyright infringement.
