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Ah yes - Maintenance and support for that "cloud only" feature that just 1 month ago ran just fine on your own hardware, requiring no maintenance and support at
by horsawlarway 4y ago
Ah yes - Maintenance and support for that "cloud only" feature that just 1 month ago ran just fine on your own hardware, requiring no maintenance and support at all...
And look - I'm not even completely disagreeing with you (I'm certainly not downvoting folks in this thread). Particularly -
>And let's not forget that some founders do have goals other than pure profit maximization
This I agree with whole-heartedly. I strongly believe that founder personality has a large influence on companies, but my complaint is that eventually the founder dies or retires, or is ousted. But the company just keeps chugging along, and (particularly for public companies, although this still applies to private companies) the goal of the company changes from "vision of the founder" to "pay the shareholders". And if we're focused on paying shareholders... it's really, really hard to turn down "we make a widget that costs zero per unit, and we rent it for $x, and legally - no one else is allowed to make that widget".
It's just about as profitable as you can possibly be - and that profit enables you to do all sorts of things that are not "improve the company product" to keep that revenue stream. Things like "hire all the engineers who might compete with you" or "Buy all the politicians that might regulate you" or "acquire all the competition that might disrupt you" or "suppress all the uprisings that put your monopoly at risk" or "murder lawyers and journalists in other countries who might expose you". And it works - because they're capturing huge amounts of value in the form of the labor their consumers are forced to expend in renting their product, which they produce for nothing.
Worse - I also agree that companies have differing goals - but they are competing, and you can't really compete with an entrenched monopoly that is legally allowed to produce widgets that cost nothing, but is legally allowed to prevent other folks from producing those same widgets for nothing (copyright/trademark/IP). From the outside it might look like this competition is happening, but by far and large, the larger companies are just buying the smaller competitor.
Even tiktok - it's getting so much flak in the media right now because our tech giants can't buy it (and it deserves it - but so do Google/Apple/Meta, they're all peddling ads and addiction - selling you as fast as they can).
So while companies might start out with different goals - our current system works very hard to force them into becoming profit centers for their owners - who will be the folks who buy them and force the founder out.
- xpe 4y agoI agree with much of the above. > "murder lawyers and journalists in other countries who might expose you" Wait, did I miss something?