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> There's no right to make infinite money off the Internet. I like this a lot. Google is massively profitable. The only argument in favor of continue to extrac
by xctr94 3y ago
> There's no right to make infinite money off the Internet.
I like this a lot. Google is massively profitable. The only argument in favor of continue to extract every cent they can off the market, is that we have a fiction of perpetual, constant growth. It should be 100% okay for a company to say “we’re super profitable, we’re going to tone it down now and focus on making our services better”.
- AlbertCory 3y agoIt's corporate religion: "Where is the growth coming from?" At a certain size, the answer should be "It's not." And then they get valued by their dividend yield. That IS boring, to some people.