I only discovered this myself quite recently. When Yahoo bought Viaweb, they
asked me what I wanted to do. I had never liked the business side very much,
and said that I just wanted to hack. When I got to Yahoo, I found that what
hacking meant to them was implementing software, not designing it.
Programmers were seen as technicians who translated the visions (if that is
the word) of product managers into code.

This seems to be the default plan in big companies. They do it because it
decreases the standard deviation of the outcome. Only a small percentage of
hackers can actually design software, and it's hard for the people running a
company to pick these out. So instead of entrusting the future of the
software to one brilliant hacker, most companies set things up so that it is
designed by committee, and the hackers merely implement the design.

If you want to make money at some point, remember this, because this is one
of the reasons startups win. Big companies want to decrease the standard
deviation of design outcomes because they want to avoid disasters. But when
you damp oscillations, you lose the high points as well as the low. This is
not a problem for big companies, because they don't win by making great
products. Big companies win by sucking less than other big companies.

Paul Graham