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Bill Ackman and Elon Musk called DEI 'racist' but companies need it to succeed, experts say
MSN---- businessinsider. ^ | 1-6 | tparadis@businessinsider.com

Posted on 01/07/2024 1:26:07 AM PST by dennisw

Billionaires and business leaders are arguing over whether DEI efforts should exist.

Bill Ackman and Elon Musk say diversity, equity, and inclusion programs are "racist."

It's the abbreviation that has billionaire bigwigs pretty worked up — and it's not AI.

The talk about DEI — diversity, equity, and inclusion — isn't about how to jumpstart efforts that once seemed almost universally lauded. It's about what's next for these programs following attacks on DEI by several high-wattage names in business.

Billionaire investor Bill Ackman, who became a vocal critic of how Harvard handled antisemitic rhetoric on campus, is now targeting DEI. In a post on X this week following the resignation of Harvard President Claudine Gay, Ackman said he believes DEI is "the root cause of antisemitism at Harvard," his alma mater. The debate didn't end there. Elon Musk went after fellow billionaire Mark Cuban for his support of DEI efforts. Cuban, in a post on X, wrote that "there are people of various races, ethnicities, orientation, etc that are regularly excluded from hiring consideration." Musk replied that DEI was "just another word for racism."

And, in the case of the attacks on Harvard, Sonnenfeld said communication failures by the university's governing board left an opening for critics of Gay to make the issue about DEI rather than her testimony before Congress over hate speech on campus and on subsequent accusations of plagiarism in some of her work.

"They left a vacuum there for people to fill with this stuff — with this DEI explanation. And what does that do?" Sonnenfeld said. "It horribly discredits some of the finest educators this country has."

And there are signs that some companies are pulling back from their work around diversity, in some cases because there are indicators it's not been all that effective.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: billackman; bs; butler; dei; pennsylvania
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1 posted on 01/07/2024 1:26:07 AM PST by dennisw
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To: dennisw

The only thing DEI does is promote people based on liberal fashionable interests and not competency. It basically builds a hegemony to keep the top dogs in place, while they put less talented and able people just below them so they cannot be challenged.

That’s the intent.


2 posted on 01/07/2024 1:28:49 AM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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To: dennisw
with this DEI explanation. And what does that do?" Sonnenfeld said. "It horribly discredits some of the finest educators this country has."

LOLz and BS!! DEI is pushed by some of the most racist, talentless turds in Academia. By lazy overpaid hacks.

It's an employment program for blacks, and to exclude whites from jobs. In some cases, NE Asians get excluded too.

3 posted on 01/07/2024 1:34:11 AM PST by dennisw (Be positive. Every day is a new day.)
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To: Jonty30

DEI is a brainwashing conformist making movement. Can you find a Harvard administrator who will publicly criticize it? Or an administrator at other top universities.

The ones who have misgivings will have their careers ruined by this black racist movement. That self-hating white libs give great energies + $$$$ to.


4 posted on 01/07/2024 1:40:12 AM PST by dennisw (Be positive. Every day is a new day.)
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To: dennisw
"but companies need it to succeed"

How do you measure success? You need diversity to be diverse. You need inclusion to be inclusive. Etc. Those words mean nothing, however. They have nothing to do with success.
5 posted on 01/07/2024 1:46:03 AM PST by Telepathic Intruder
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To: dennisw

That is true, but I believe the real purpose is to prevent those at the top from having the place in society threatened by up and comers.

It’s easy to prevent if those capable of replacing you were kept at the third rung, while the less capable were artificially placed at the second run and the more capable on the third rung have to somehow get past those on the second run who will not be interested being displaced by those more capable then themselves.


6 posted on 01/07/2024 1:46:04 AM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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To: dennisw
It's an employment program for blacks, and to exclude whites from jobs. In some cases, NE Asians get excluded too.

You’re missing the sexual orientation aspect of DIE! In the DIE agenda there is a checkbox for sexual deviants. They are being promoted above competent individuals because of their sexual preference. It is not about race exclusively. It is about destroying the whole system.

7 posted on 01/07/2024 1:56:23 AM PST by missnry (The truth will set you free ... and drive liberals crazy!)
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To: dennisw

How were companies successful before?


8 posted on 01/07/2024 2:15:43 AM PST by Altura Ct.
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To: dennisw

Boeing is a big supporter of DEI.

Unfortunately, Boeing brand new jetliners are too dangerous to ride in. Pieces of them come off in flight.

The FAA believes in DEI. Today’s air traffic controllers are NOT competent enough to maintain safe airliner separation as airliners are being reported dangerously close to colliding far more frequently in America today.

United Airlines demands its future pilots are at least 50% minority or women. A United jet was nearly destroyed this past year from a dangerously incompetent pilot who should never have been at the controls. United is desperately hiding the details of that incident from the public.

Hiring and promotion on MERIT is the ONLY way to avoid the suicide of a nation.

COMPETENCY is the ONLY way to preserve society.

We MUST demand our operating room surgeons are the very BEST at their skills or we will be killing people in operating rooms who need not die.

DEI is destroying all public trust in “leaders” in charge in America today.


9 posted on 01/07/2024 2:21:17 AM PST by Gnome1949
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To: dennisw
...experts say...
10 posted on 01/07/2024 2:24:51 AM PST by ComputerGuy (Heavily-medicated for your protection)
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To: missnry

For sure DEI hiring slants towards hiring gays, trans, females, blacks, other minorities. Straight white men are 100% aced out. When it was heterosexual white men who conceived of America and put it all together. With some black labor included.

heterosexual white men are who fought and died in all our wars. Though post-Vietnam this has changed a bit.


11 posted on 01/07/2024 2:31:15 AM PST by dennisw (Be positive. Every day is a new day.)
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To: dennisw

Why send everyone to MSN?


12 posted on 01/07/2024 2:43:28 AM PST by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: dennisw

Companies need DEI like a feminist needs a bicycle riding fish.


13 posted on 01/07/2024 2:48:13 AM PST by Enterprise
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To: dennisw

Mediocrity breeds mediocrity. <—- doing such is government mandated


14 posted on 01/07/2024 3:28:05 AM PST by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: Altura Ct.

“How were companies successful before?”

... a very good question to pose to any wokester who is prattling on about the merits of DIE. Of course most lefties think history began the day they were born so they don’t know anything about US Steel, Standard Oil, NCR, IBM, and the hundreds of small, medium, large, and huge businesses that became successful without the support of DIE, CRT, and most other leftist crap.


15 posted on 01/07/2024 4:00:29 AM PST by ByteMercenary (Cho Bi Dung and KamalHo are not my leaders.)
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To: dennisw
'experts'

@spit3

16 posted on 01/07/2024 4:01:23 AM PST by tomkat
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To: tomkat

I’d call them DEI flacks instead of experts. I don’t see DEI as being something that requires expertise.


17 posted on 01/07/2024 4:14:22 AM PST by FreedomForce
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To: dennisw

How about we just hire people based solely on merit and let the chips fall where they may.


18 posted on 01/07/2024 4:23:18 AM PST by technically right
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To: dennisw

Someone should look into the backgrounds of these experts and their consulting groups...

Especially the latter.

BCG is particularly interesting...


19 posted on 01/07/2024 4:24:55 AM PST by mewzilla (Never give up; never surrender!)
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To: dennisw

Oh lookie, the billionth “experts say” article. It’s so old.

Republicans want to ban throwing puppies into wood chippers but it’s actually good for society, experts say.


20 posted on 01/07/2024 4:35:41 AM PST by FlipWilson
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