If You Want Your Company's Stock To Go Up, Hire Wonkier IT People - 2 minutes read
"The findings suggest that targeted recruitment of 'wonky IT people' with specific skills in natural language processing, computer vision, and specialized frameworks like TensorFlow could be a subtle indicator of future stock performance, offering investors a new lens for identifying companies poised to capitalize on AI productivity gains."
If there is any real effect here, I presume that it's basically just a peacock tail, or a cockatoo crest--a fundamentally useless but eye-catching feature that has no value except that it demonstrates that the company has ample resources to waste.
There ya go. They saw successful companies that don't mind tossing a bunch of stuff at the wall and seeing what sticks, and surprise, surprise, they like to throw a bunch of stuff at the wall and see what sticks. There's no analysis of how those "wonky IT people" help the bottom line. They just happen to be there.
This is like those studies done in the late nineties about offices with aquariums in the reception area tended to be more successful. No, more successful, i.e. more profitable businesses had a little extra cash to toss at customer facing areas, so they added aquariums. Cause and effect often get mixed up in these "studies."
Source: Slashdot.org
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