To be honest and objective, I think he at least knows enough about engineering to hire people who know what they're doing, which is how he got here. It's not all chicanery.

Over time, though, I think he's drifted away from his original "make real things in the real world" focus and more toward "play money games" and "play political games."

It's sad. One common comic book supervillain arc is to start as a hero and become what you despise.