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by antris
1759 days ago
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> It makes me despair of business models which require growth to be chased at all costs. I wish more businesses could be content to just get to the point where they are making money, and then just keep making that much money and being ok with that. I really wish anti-capitalist sentiment would grow louder in IT. This is pretty much capitalist critique 101. Companies chasing profit are often blind not only to the negative effects of their businesses, but even to the needs of their customers. It's extremely difficult for companies to stay content in their current business model without growing. If the company is not willing to be sold to a larger company, a larger company (often FAANG) will pump nearly limitless capital into building a free competitor that will eat your userbase. This happens over and over again, so it's not very practical to just say "companies should stay where they are good at". The system disincentivizes this, and companies staying still will always get knocked down. We need a systemic change. |
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Idk, one could argue that if doing so increases profits, then on average, you actually solved the needs of your customers. Sometimes that means replacing one customer with another whos willing to pay more.