Hacker News new | ask | show | jobs
by fransje26 552 days ago
> These CEOs, all non-technical, focused on dividends, buybacks, and next-quarter results [..] The real issue? The board. Full of people like Boeing execs. They don’t get engineering. Trusting them to fix Intel is like hoping a plane door won’t pop open mid-flight.

And that economical model of maximum profit we have "chosen" as a society is exactly why we are possibly heading towards failure, as western societies and as economic entities in the very near future.

The problem is that once the cracks start to show, whether at Intel with the current crisis or at Boeing with doors blowing out and airplanes crashing due to gross negligence, so much engineering excellence and knowledge has been lost that the tide is pretty much impossible to stop.

Enshitification, whether applied to online platforms or to consumer goods is a similar expression of the same problem. Once the quality is lost, the rot has set in and there is simply no way back for the companies involved.