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“The riskier the road, the greater the profit.” ~Rules of Acquisition #62
but we want more money… And therefore deserve it. I don’t see what the problem is here
- every CEO ever, I presume
Isn’t that a novel idea. Just work to make things better and if you succeed you have profits and if you don’t back to the drawing board.
Ahhh, what a world we could live in. Back to slumming I guess.
reddit belongs on that list
Not just companies, you’ve got countries doing epic face-plants all over as well. We’re living in the Age of Dipshits ruining stuff for everyone.
Welcome to the new dark age
In general those countries are just three companies in a trench coat, stealing the money from citizens. US including.
Don’t forget Hasbro trying to pull a retroactive licensing for all D&D stuff. Oh, and sending the Pikertons to harass a person that got set of cards before release by accident
Sending Pinkertons after a civilian was extremely fucked up, especially for a fuckup they made. The Pinkertons are basically a neo-nazi militia.
I didn’t even think they still existed till then
Sadly the cold war saved them by the bell just before they had their last kneecaps shattered. (Hmmm! I wonder why the cold war happened!!)
Enshittification
Many blind sheep hate that buzzword, but no other word describes capitalistic failure and greed like it.
Catabolic phase of capitalism
Most of these companies have one thing in common: indian CEOs. Not meaning to be racist, but it’s not a mere coincidence.
I’d assume it’s because there’s probably a lot of Indians at tech companies in general. Personally I’ve seen alot in tech jobs, but also one random statistic I saw said 1/3 of all software engineers and 10% of tech company CEOs are of Indian origin, so it’s a fairly significant number.
Ahh yes riccitiello, a fine Indian name if ever I heard one. Fuck outta here with your racial observations.
Elon, a famous Indian CEO
Wow he is 100% Indian it’s such a coincidence!
To be fair, you wouldn’t guess his African descent at first glance.
I said most companies. Google, microsoft, etc.
So two? I can think of way more shitty tech companies without Indian CEOs than with.
Amazon, Twitter, Reddit, Bandcamp, Facebook, Unity, EA, Tumblr, Activision-Blizzard, Spotify, AirBnB, Uber, Snapchat, Netflix, Zoom, Bytedance, Hulu, Tinder, Epic, FTX, Apple, Tencent, Verizon, Cloudflare.
I’m honestly having trouble thinking of any other companies than Google and Microsoft. Very much not “most”.
Not meaning to be racist, but
Proceeds to say something completely, like pre WW2 level, racist
You know what’s even more common amongst CEOs than being Indian? Using capitalism to organize and run the business.
It’s not indian CEOs, you utter numpty. It’s basic greed.
My bad. I wasn’t meaning to be racist.
Average itjustworks user. Be really racist then feign ignorance. Fucking cryptofash instance.
removed by mod
Here is an alternative Piped link(s):
https://www.piped.video/watch?v=_asNhzXq72w
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
You were racist without meaning to be. Which makes you a racist, still.
My apologies
I still can’t believe all that BS and with the escapist, losing Yhatzee must be a devastating blow to their value.
They’ve released a couple of his pre-recorded videos but turned off the comments. They know they fucked up. 🤣
Oddly enough, the Frost’s video on Second Wind very succinctly explained why these things happen.
Glad to see Fully Ramblomatic up and running, here’s to hoping they thrive.
Please. A crumb of context.
The people who left The Escapist created a new channel, Second Wind. Among them is Yhatzze, who has created a new version of ZP (since that one was copyrighted by Escapist) called Fully Ramblomatic.
Also a new version of Extra Punctuation called Semi Ramblomatic. Both the same as their predecessors in spirit while being different enough to be legally distinct. All available free on Youtube.
They lost everyone, the entire staff walked out.
I know let’s make subscription model loot box pay to win
!!
Don’t give them ideas!!
Be loyal to people, not companies.
Reminds me of reddit.
The short term benefits are the reason they’re doing this in the first place.
Immediate revenue and growth is the goal, long term business viability and consumer base is an acceptable sacrifice to meet that goal.
Who cares if the company went under five months after I left! When I was the CEO we had record profits
Who cares if the company went under five months after I left! When I was the CEO we had record profits
Then they re-hire you for an exorbitant price to fix the problems you created. The Bob Iger technique.
Or you have a golden parachute clause so you leave with $3.6mil as everything burns around you.
How come it is sustainable when executives or even workers are not even interested in their own product. I know a few devs at some mid sized company and they don’t even care about what they are working on
There is such a huge sludge of dumb and inane softwares that inevitably some people will work on things that they don’t care about.
Some people just want the paycheck and that’s fine.
Unity has been shitty since they merged with Ironsource. They’re an Ad company now (notice how mobile ads sometimes have the familiar Unity logo now? Yeah that’s why)
Guy looks like he just did the boiling water challenge
I mean it’s a bit more complicated than that. In the past not every company had to be profitable. They were just focusing growth over everything else. But with rising cost due to inflation and rising interest rates they suddenly have to become profitable. And then they proceed to make to worst ever business decisions, to become profitable, but achieve the exact opposite.
Its simple greed and disdain for their users that they somehow believe if they begin to charge for something that used to be free the use base will simply eat it and be happy.
The problem is they arr charging for a service with attention (ads) and user info currencies that people do not value as much and cannot be easily quantified. This then makes people complacent and lets companies reach for more information, leading to the current enshitification of the internet
It’s a pretty severe contradiction of capitalism: When everyone is out to extract as much money as possible, all of it is going to go to whoever the best at doing that, leaving very little for everyone else. This capital isn’t being used to better the human race, it’s sitting in an offshore bank account, funding far right death squads and/or genocides, or being spent on the most vile of child exploitation.
