It’s the same for many tech CEO’s. Arguably, Apple hasn’t had a hit under Tim Cook, although I’d say he’s definitely the most successful of the FAANG leaders. Andy Jassy’s legacy at Amazon is 18 months of rolling layoffs, missing the boat on AI despite having the most popular consumer AI product in Alexa, and forcing millions into an office in some of the cruelest methods possible. Sundar is much of the same, but including mass enshitification of basically every successful Google product, from YouTube to Search, all while also fucking up severely with AI, RTO, and layoffs. To make things worse, he’s turned the most exciting tech company into just another boomer tech company like IBM.
The pandemic has shown that once the visionaries have left, the current crop of CEO’s in tech are just really not good at their jobs. Their sole role is to keep shareholders happy, and that’s it. As a shareholder, that should probably make you think twice about putting money into legacy tech, and maybe looking outwards to see what those that were laid off have managed to do elsewhere.