Let's say you hire your great new engineer. Ok, great! Now their value is going to escalate RAPIDLY over the next 2-3 years. And by rapidly, it could be 50-100%. Because someone else will pay that to NOT train a person fresh out of college!
What company hands out raises aggressively enough to stay ahead of that truth? None of them, maybe a MANGA or some other thing. But most don't.
So, managers figure out fresh out of college == training employees for other people, so why bother? The company may not even break even!
That is the REAL catch 22. Not AI. It is how the value of people changes early in their career.
If colleges stayed up to date, and teach valuable skills, the jump wouldn't be so steep!
Yes because the situation of WB has nothing to do with their performance.
In 1990s they merged with TIME publishing right before the internet killed all magazines. In 2000s with AOL right before th dot com bubble. In 2010s with AT&T who realised they needed a shit ton of money to roll out 5G so they took a massive loan and charged it to Warner debt.
So WARNER keeps performing and the business side keeps adding debt from horrible decisions