this post was submitted on 22 Mar 2024
1450 points (99.1% liked)

Technology

59608 readers
4049 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 
  • Mozilla ends partnership with Onerep due to CEO's ties to data broker
  • Onerep's data removal service bundled into Mozilla's Monitor Plus subscription
  • Onerep CEO admits to owning people-search websites, leading to end of partnership with Mozilla. Transition plan in progress.
you are viewing a single comment's thread
view the rest of the comments
[–] recursive_recursion@programming.dev 17 points 8 months ago* (last edited 8 months ago) (2 children)

investing in people(customers) brings slow but longterm sustainable profits (Linux for example)

profits don't bring customers, they bring investors

[–] Squizzy@lemmy.world 5 points 8 months ago (1 children)

Profits are the goal though, look at the car industry, they have reduced production numbers to increase profits with higher margins.

They dont care about customers, only profits and investors.

[–] Kidplayer_666@lemm.ee 2 points 8 months ago (1 children)

The point is that if they get complacent, they get replaced (example: what tesla and new Chinese companies like BYD are doing with the car market)

[–] OpenTTD@lemmy.zip 1 points 8 months ago

That doesn't change the fact that you're both not taking the real issue into account; the biggest, wealthiest shareholders are demanding a sustained 25% RoI. That is inherently unsustainable and by design. They want companies to die because monopolies are profitable and the market was booming (until they decided to milk everything dry) so there is money to be made IF you don't value human civilization.

I fucking hate the rich.

[–] Cryophilia@lemmy.world 0 points 8 months ago

...you're holding up Linux as a successful business entity? Compared to Tesla, Amazon, and McDonald's?

You need some new hobbies bro