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> I agree. Sorting huge, multinational, publicly traded companies in friends and enemies list is so obviously bogus and immature that it baffles me that this is
by GlennS 6y ago
> I agree. Sorting huge, multinational, publicly traded companies in friends and enemies list is so obviously bogus and immature that it baffles me that this is so prevalent.
If that's true, then why do brands exist?
For most companies, the best way to drive profit is to build a long term relationship of trust with their customers and suppliers.
Edit: this doesn't mean I'm ready to join the Microsoft/Apple/Google/Facebook/Amazon fan club, but I can see that some companies regularly behave better than others, and I'm happy to act on that reputation. Take Oracle, for example.
- wyattpeak 6y agoI feel like the trouble with this line of thinking re large consumer-facing companies is that many of their loyalty relationships are in conflict with each other, so even when they're acting in the interests of preserving trust with one group, they're undermining the trust of another. When Github restored youtube-dl, they increased user trust while undermining media industry trust. When they pulled popcorntime, they did the reverse. In each case, they were presumably acting rationally to preserve their relationships as best as they could. But whether or not that benefits you as an individual is more or less a toss of a coin.
- esperent 6y ago> I can see that some companies regularly behave better than others, and I'm happy to act on that reputation This is a bogus line of thinking. For example, Apple have a very strong stance on privacy compared to FB and Google. Does this mean they are more moral or trustworthy when it comes to privacy, or that you should trust them to remain focussed on privacy in the future? Not at all! Their focus on privacy is a smart business model that they use to differentiate themselves from the competition. As soon as it stops being a smart model, or a better model presents itself, under the bus their focus on privacy will go. Apple being focussed on privacy right now should not be taken as them having a good reputation. They do not care about your privacy. They care about you buying their products. The same applies to all apparent "good" or "moral" behavior of any large company. It's not genuine morality, they don't care about the benefits to you or society at large. They just want you to generate money for them. By all means, choose products from a company whose presented morality currently aligns with yours. But don't believe that morality is genuine, and don't get hooked on that company. Instead use them, just as they are using you, for as long as it benefits you, then dump them in a second when they inevitably change... Just as they would do to you.
- GlennS 6y agoExtending your line of reasoning, that would imply not just that we shouldn't fall in love with Apple, but additionally that we shouldn't avoid companies with bad reputations. Which seems bonkers to me? Taking my Oracle example, I'm definitely never going to recommend my company adopts Oracle. Given their historical behaviour, it's just too much risk! This position that all companies are equally amoral seems 1. blind to reality and 2. to be throwing away useful information. The likely actions of a company are embedded in their culture, their structure, the people who choose to work there, and the personalities of their leadership. That can all change, but you have the ability to observe that change and punish companies which violate your trust.