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We need to be a bit more accurate though so that we can concentrate minds on solving the real problem. From what I can see, companies are not "embarrassed", the
by bilbo0s 7y ago
We need to be a bit more accurate though so that we can concentrate minds on solving the real problem. From what I can see, companies are not "embarrassed", they are "afraid".
They don't care about online mobs, they care about the drop in revenue that will come from lost business. Reputations that take years to recover impact revenues for each of those years. That's the issue.
If we could think of a way to insulate companies from lost revenue, the problem could be solved. To date, there have only been clumsy, amateurish attempts to do this. Actions like, telling everyone, "Hey, go spend your money with this company!" Which for a lot of reasons rarely, if ever, works. We have to come up with something that would provide decision makers at these firms more certainty.
- ghaff 7y agoI'm not sure how you even go about "insulating companies from lost revenue" though. The online mob may not be responding rationally (or in a way you agree with) but groups of people certainly have the right to publicly denounce and call for boycotts of a company. Which, as you say can be damaging to their brand and ultimately their revenue, ability to hire people, etc. The fact is that the path of least resistance to mitigate and close out the damaging outcry as quickly as possible is often to apologize, fire someone, make some harmless concession, etc.