328
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 16 Mar 2024
328 points (98.5% liked)
Technology
59374 readers
3794 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
"Short-term growth above all else, then lay everyone off and find the next business to buy out and ruin"
Executives care only about their bonuses, and the best way to boost them is to milk companies on the short term even if it ruins them on the long term. There is no incentive to care about long term.
Investors reward this behavior. The system is designed to destroy good things.