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In a real job you suffer the consequences of letting something stupid happen.
True, but I don't think Keanu here is giving career advancement advice
Yes and no. Sometimes letting someone be stupid means they're quickly replaced by someone hopefully less stupid.
What happens when the stupid person is in charge of hiring?
They hired you, didn't they?
Then they hire someone more stupid so they can appear to be smart. Which makes it a smart move, which means they're smart.
Pff, past jobs I've been at, you got written up for not doing the stupid thing(policy related, nothing that would put you in actual danger).
Only the stupidity that affects your work directly.
More things are a boomerang than you think.
Australian mythbusters: let's check this out.
Jokes aside, I think you are right.