Then why are they even still there?
Sunk cost fallacy or misplaced hope are other options outside of Napoleon complex.
Likewise. It has generated several offers for me, but the vast majority of head hunters are playing spray-n-pray with keywords. For every good lead I get, I have to tell 400 people to fuck off.
Oh.. you're a SOX analyst? Want to work in a sock factory? Want to do the laundry for a minor league baseball team? Want to be in a fetish video?
Bingo. Enshittification is mostly confined to companies that have gone public or whose sole aspiration is to do so quickly.
It shifts responsibility from satisfying customers/users to satisfying shareholders (who are never satisfied).
You can build the perfect product and ride a gravy train as a private company in relative perpetuity. As a corporation, you're just going to strive for perpetually increasing profits on a quarterly basis with no real care or focus past that
$50 per year to change an icon.
Because we will never reach a billion users and exist for 200 years like yo momma.
Because they're redundant.
Because they're redundant
It's about the same as a mafia hitman screeching in court after a guilty verdict that he wants the written receipts, and murder weapons that were found in the garbage on the curb in front of his home (and used to convict him) back.
ThAt'S mY pRoPeRtY!
This is brilliant in both it's brevity and accuracy; and could be borrowed to describe their coverage of bitcoin when it first started to bubble.
I love comparing apples to orangutans. Really paints a clear picture.
This has become the prevailing opinion for most of the tech-savvy folks that I know, but it's gaining traction with a wider audience.
Having steeped in corpo-climate for two decades, it's naïve to say that the C-Suite has ever maintained a realistic perspective on the business that they run; but it is baffling to me that corporations like Reddit have completely lost sight of their actual product - a clearinghouse of perpetually donated content - and seem to believe that their platform cannot be easily duplicated, or made obsolete nearly overnight.
It's exciting to be an insider as new paradigms like the fediverse become more widely known. If the last week is any indicator, there is a non-zero chance that ultra-capitalist hubris will be punished.
I got curious and did the math if $44B was denominated in $100 bills.
That's 496.85 cubic kilometers of cash. Or a pile of money that covers half of the continental US, stacked 1/4 of the height of Low Earth Orbit.
I honestly don't think one could physically burn that much cash since May 2022 in real life.
Edit: more mind bogglery!
The earth is ~40,000 km in circumference, so you could stack the bills almost 28m high around the equator (or circle the globe 256,482 times.)