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If the last few years have taught us anything it's that if Google, FB etc. were forced to return money to shareholders instead of spending it on R&D those share

If the last few years have taught us anything it's that if Google, FB etc. were forced to return money to shareholders instead of spending it on R&D those shareholders would be even more lost as to what to spend the money on which would almost certainly not be good for tech employees. People are desperate for good things to invest in, it's just there aren't a whole load of things that actually work as contrary to idealist expectations the web seems impossible to make money on unless you are a monopoly.

epicureanideal 3y ago
> People are desperate for good things to invest in, it's just there aren't a whole load of things that actually work as contrary to idealist expectations the web seems impossible to make money on unless you are a monopoly. Yeah, unfortunately the really obvious things to invest in are made difficult to do by regulations. For example, building a bunch of housing would be a great way to deploy capital, but the red tape makes it extremely difficult and unprofitable. And if there were more housing, and cheaper rents and mortgages, then the middle and working classes would have more money to spend, which would mean they could spend on other things besides housing, causing other businesses to be created...