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this post was submitted on 02 Nov 2023
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It's happening across a lot of industries, especially tech. During covid line went up very fast. Post-covid line stopped going up fast, but companies are desperate to keep it going up fast. Otherwise it would count as a slowdown in year-on-year growth and we can never ever have that (/s).
Companies then: Let's make money!
Companies now: Let's make more money faster! Our graph of profit must concave up!
Companies 100 years from now: Let's increase the rate at which the rate at which our growth in profit increases increases!