laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 2 days agoIf Europe has started experiencing over 40°C heatwaves frequently, then this planet really is fuckedlemmy.worldimagemessage-square300linkfedilinkarrow-up1841arrow-down110
arrow-up1831arrow-down1imageIf Europe has started experiencing over 40°C heatwaves frequently, then this planet really is fuckedlemmy.worldlaurenceOfSuburbia@lemmy.world to memes@lemmy.world · 2 days agomessage-square300linkfedilink
minus-squareFluke@feddit.uklinkfedilinkarrow-up18·edit-21 day agoBecause making it work well costs more than making it work barely, and those costs are ultimately profits not being paid to shareholders now. Those making the decisions get paid their bonuses based on the now, not the maybe, in the future. It’s really that simple.
minus-squaregrandma@sh.itjust.workslinkfedilinkarrow-up5·1 day agoIts like they only know the R in ROI. This short term thinking is the main driver of enshittification I think.
minus-squareLittleBorat3@lemmy.worldlinkfedilinkarrow-up5·1 day agoFirst they underprice anyone to dominate the market and end up as the only one left. They do this on borrowed money and then they need to monetize. That’s the R, the rest is other people’s money who cares.
minus-squarefloquant@lemmy.dbzer0.comlinkfedilinkarrow-up1·1 day agoThat, and the fact that the infinite growth model is a basic underpinning of capitalism. The Market must grow, always, or the whole carousel stops.
minus-squareShanmugha@lemmy.worldlinkfedilinkarrow-up1·1 day agoThank you. I still hate they don’t think about anything else at all, but this explains it
Because making it work well costs more than making it work barely, and those costs are ultimately profits not being paid to shareholders now.
Those making the decisions get paid their bonuses based on the now, not the maybe, in the future.
It’s really that simple.
Its like they only know the R in ROI. This short term thinking is the main driver of enshittification I think.
First they underprice anyone to dominate the market and end up as the only one left. They do this on borrowed money and then they need to monetize. That’s the R, the rest is other people’s money who cares.
That, and the fact that the infinite growth model is a basic underpinning of capitalism. The Market must grow, always, or the whole carousel stops.
Thank you. I still hate they don’t think about anything else at all, but this explains it