this post was submitted on 08 Jul 2024
833 points (93.8% liked)
Technology
58303 readers
6 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Google expected infinite growth in a finite system. Now that the growth is slowing they are trying to increase yield from their current pool of resources instead.
Why dont these companies accept theybarent worth as much any more and just provide less services until they balance off.
The stuff they cant afford to provide could be taken on by someone else. Being a one company does all type master of none sort of thing is clearly bad for society and the economy.
I dont really know what im talking about but i just dont get why they see losses and an end to growth but take the position of "we need to find a way to keep this going" instead of "we need to sell off things until our company is making money again, even if its less money"
In the US everyone just wants to see the line go up, they don't care how it happens. They are beholdent to a corrupt and inept class of disconnected aristocrats that don't know their face from their ass
I dont think it's unique to the US, companies in other countries have to play the same game or be lost to obscurity.