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submitted 11 months ago by misk@sopuli.xyz to c/technology@lemmy.world
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Why can’t they increase profits, by you know, making the product better.

Do they have to make things shitter to save money and drive away people thus having to make it more shitter.

[-] Cethin@lemmy.zip 5 points 11 months ago

If they make it better that may increase profits temporarily, as they draw customers away from competitors. Once you don't have any competitors then the only way to increase profits is to either decrease expenses or increase revenue. Increasing revenue is limited if you're already sucking everything you can.

And is it wrong to stop at a certain amount of profit.

Why they always want more. I ain’t that greedy.

[-] Cethin@lemmy.zip 3 points 11 months ago

To us? No, it isn't wrong. To them? Absolutely. You don't becoming a billionaire by thinking you can have enough. You don't dominate a market while thinking you don't need more.

this post was submitted on 08 May 2024
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