this post was submitted on 25 Apr 2025
529 points (93.7% liked)
Technology
70266 readers
3810 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Companies are so removed from what users want, they only focus on what shareholders want to hear and don't consider that users will hate it.
Because there is legal precedent that says shareholders come first.
You can blame Dodge for this. Yes, that Dodge.
Oh, look, the reason Dodge reliability is garbage.
Real shocker, right? 😂
So to ensure that a company is more likely to be customer focused, rather than shareholder focused, it's likely a good idea to only go for companies not listed on the american stock exchanges?
Yup. Same goes for being employed - if they're publicly traded they'll almost certainly treat their staff like absolute garbage.
I mean, that's my take. Also why you hear a lot of moaning and groaning from enthusiasts when a company who makes well-loved products decides to go public. Enshittification always occurs.
Too bad, that long-term users still kind of decide the fate of the company (as shareholders at some point realize that their share probably is not worth it).
I'm really keen to see when this happens to Tesla, I'm thinking about shorting the stock, it's so vastly overvalued, and there's strong competition and sales are crashing everywhere (because of too much Nazi)
Yeah, that's really the kicker, isn't it? Legally beholden to the shareholders who demand short term profits forever and ever, risking the loss of long-term customers.
It's a guaranteed death.
But then users use it anyway for some reason. Many people care so little.
Attention is invisible until you take the time to acknowledge it. People will never treat it as a resource of the same value as these companies, because they don't even recognize it as something being taken away from them (despite that it is actually the most precious resource - our literal lives), and that disparity will always be profitable.
Most people are unintelligent sacks of meat, not much critical thought about what they do runs through their minds.
It is legislation's work.