Foto © Irina Slutsky
So this is the 30th anniversary of the spreadsheet and the subsequent rise of the accountant—the guy calling the shots and doing the deals. This class of people, once known for their meekness and wonkery, has become so powerful that they have managed to protect their common incompetence (see Enron, MCI, and Madoff, among other screw-up examples) by instituting Sarbanes-Oxley, essentially a law that protects them in any situation that involves them.[HT: Julián Bruno]
I don't blame any of these folks for taking advantage of the spreadsheet and the evolution of what-if. But why give them the keys to the car when you knew they couldn't drive? Look around and see what's happened. You can thank the spreadsheet for all of this junk. Happy birthday.
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