547
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 25 Apr 2025
547 points (100.0% liked)
Technology
71996 readers
2532 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- 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, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
Companies are so removed from what users want, they only focus on what shareholders want to hear and don't consider that users will hate it.
But then users use it anyway for some reason. Many people care so little.
Most people are unintelligent sacks of meat, not much critical thought about what they do runs through their minds.
It is legislation's work.
Because there is legal precedent that says shareholders come first.
You can blame Dodge for this. Yes, that Dodge.
Too bad, that long-term users still kind of decide the fate of the company (as shareholders at some point realize that their share probably is not worth it).
I'm really keen to see when this happens to Tesla, I'm thinking about shorting the stock, it's so vastly overvalued, and there's strong competition and sales are crashing everywhere (because of too much Nazi)
Yeah, that's really the kicker, isn't it? Legally beholden to the shareholders who demand short term profits forever and ever, risking the loss of long-term customers.
It's a guaranteed death.
So to ensure that a company is more likely to be customer focused, rather than shareholder focused, it's likely a good idea to only go for companies not listed on the american stock exchanges?
I mean, that's my take. Also why you hear a lot of moaning and groaning from enthusiasts when a company who makes well-loved products decides to go public. Enshittification always occurs.
Yup. Same goes for being employed - if they're publicly traded they'll almost certainly treat their staff like absolute garbage.
Oh, look, the reason Dodge reliability is garbage.
Real shocker, right? ๐