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No way. Apple, Microsoft, Amazon, they all have very good businesses with very concrete productivity bonuses and real world advantages that they give to people
by bioemerl 4y ago
No way.
Apple, Microsoft, Amazon, they all have very good businesses with very concrete productivity bonuses and real world advantages that they give to people, you can't make those things disappear.
They also don't have good foreign competitors, like Chrysler and so on had in Japan.
There are Chinese companies, but those companies largely exist thanks to their state barring competition from the outside, and I don't see it being super likely that that is a real threat, especially because if Chinese companies really start taking off the United States government will clamp down on them hard.
I think these layoffs are more an example of just how crazy short-term we are thinking in the world. Everyone thought coal was going to go away, remote work was the future, tech jobs were the future!
In reality we need more productivity, less labor demand, and for our smartest people to be out working on those problems, not on delivering people advertisements.
All of these lay off people may end up out more distributed in the country working no boring jobs that ultimately free up butts and seats so that those butts can go take other seats for they are more necessary and important and productive.
- deleted 4y ago[deleted]
- niij 4y ago> There are Chinese companies, but those companies largely exist thanks to their state barring competition from the outside, and I don't see it being super likely that that is a real threat, especially because if Chinese companies really start taking off the United States government will clamp down on them hard. TikTok is a Chinese company and is major competition for Facebook
- ok123456 4y agoNo. TikTok just has a better product compared Facebook.
- bioemerl 4y agoTikTok already teeters on the brink of regulation and isn't a Microsoft or a Amazon that has real weight.
- mike00632 4y agoYou criticized Chinese tech companies for being incubated in a walled garden but then criticize TikTok for being subject to US government regulations in the American market? Shouldn't you also give Facebook the same criticism? The only place where Facebook is still experiencing substantial growth is India where their government banned TikTok. It seems to me like TikTok is the real international competitor.
- pm90 4y agoSorry, what do you mean by "real weight"? They absolutely dominate among Gen-Z, and is catching on mainstream appeal pretty quickly as well.
- bioemerl 4y agoTikTok is social media. Microsoft, apple, amazon, and so on are critical infrastructure. They go away, the lights go out.
- grp 4y ago> those (chinese) companies largely exist thanks to their state barring competition from the outside > (...)the United States government will clamp down on them hard. In the same sentence, nice one. :)
- bioemerl 4y agoAs they say - do onto others. American companies today don't need the protection. They are better companies. With China now using state imbalances to fund their tech sector, restrictions will be needed. You can't compete with free stuff backed by a foreign state.
- gmm1990 4y agoWhat makes you believe that the US companies are fundamentally better? Tictoc seems to outcompete US social media companies lately and Tesla said themselves their only competition comes from China. I don't think Bytedance has a huge burn rate or at least higher than could be funded on the public markets, no need for state backing.
- bioemerl 4y agoRight now they just are. Larger world market share. More internal diversity and understanding of other cultures.