5 ms·

Just keep in mind that a business's role in society is to deliver something and bring in a profit. So if you don't bring revenue directly to the bottom line you

Just keep in mind that a business's role in society is to deliver something and bring in a profit. So if you don't bring revenue directly to the bottom line you are in line for layoffs. Don't fall in love with your job. The business is not in love with you. I suspect the fund's trading strategy was less than great so they had to cut expenses ASAP. I can't imagine why they would get rid of the person who would have to maintain the code, if they didn't need to do it. There is no such thing as a no need for maintenance code. If I was the CEO, I would have been terrified if the code was running without someone to make sure it was running correctly.

dopylitty 3y ago
You overstate their role when you say it includes 'delivering something'. The people who run most businesses would be perfectly happy delivering nothing at all and bringing in a profit. That's why businesses in the western economic system all end up turning purely into investment funds if left unchecked. All profit, no product.
- deleted 3y ago
  [deleted]
- gottorf 3y ago
  > The people who run most businesses would be perfectly happy delivering nothing at all and bringing in a profit. To be fair, to the degree that your statement is true, then I think most people who are employed by businesses would be perfectly happy delivering nothing at all and bringing home a paycheck.
- moate 3y ago
  As someone who worked in pricing for a SAAS company I often explained what I called the “greed-charity” scale with 0 being “full greed, take in money but provide nothing” and 10 being “full charity, provide everything for free” and ask “what does a 5 look like for this product/feature”?
Xunjin 3y ago
Today business are more focused in making profit, delivering something to society is just a side effect.
- WalterBright 3y ago
  That's always been true. It's also why free markets work so well - they make money by providing to society what society wants.
SebFender 3y ago
"Don't fall in love with your job. The business is not in love with you." Hallelujah brother - well said.
flandish 3y ago
We need to teach this as the type of relationship early but frankly society starts off very young teaching people to be “rockstars” and work 80hrs to be better than the “lazy” and the “poors” and in some circles “the immigrants.” This is by (capitalist) design.
deleted 3y ago
[deleted]
hiddencost 3y ago
That is the role as envisioned by a particular, relatively modern theory. It was invented to destroy many existing institutions. https://en.m.wikipedia.org/wiki/Shareholder_value https://en.m.wikipedia.org/wiki/Shareholder_value And it's been profoundly destructive.
mlhpdx 3y ago
> Just keep in mind that a business's role in society is to deliver something and bring in a profit. No, that’s just another lie you’ve been made to believe. Corporations exist to serve the public good. The freedom they have been granted by the laws passed by nations is to facilitate that end. All it takes to change the rights of corporations is a change in law (not a Constitutional change as it would to change the rights of people). https://www.jstor.org/stable/1322201?seq=3 https://www.jstor.org/stable/1322201?seq=3

dopylitty 3y ago

You overstate their role when you say it includes 'delivering something'. The people who run most businesses would be perfectly happy delivering nothing at all and bringing in a profit. That's why businesses in the western economic system all end up turning purely into investment funds if left unchecked. All profit, no product.

deleted 3y ago
[deleted]
gottorf 3y ago
> The people who run most businesses would be perfectly happy delivering nothing at all and bringing in a profit. To be fair, to the degree that your statement is true, then I think most people who are employed by businesses would be perfectly happy delivering nothing at all and bringing home a paycheck.
moate 3y ago
As someone who worked in pricing for a SAAS company I often explained what I called the “greed-charity” scale with 0 being “full greed, take in money but provide nothing” and 10 being “full charity, provide everything for free” and ask “what does a 5 look like for this product/feature”?

Xunjin 3y ago

Today business are more focused in making profit, delivering something to society is just a side effect.

WalterBright 3y ago
That's always been true. It's also why free markets work so well - they make money by providing to society what society wants.

SebFender 3y ago

"Don't fall in love with your job. The business is not in love with you." Hallelujah brother - well said.

flandish 3y ago

We need to teach this as the type of relationship early but frankly society starts off very young teaching people to be “rockstars” and work 80hrs to be better than the “lazy” and the “poors” and in some circles “the immigrants.” This is by (capitalist) design.

deleted 3y ago

[deleted]

hiddencost 3y ago

That is the role as envisioned by a particular, relatively modern theory. It was invented to destroy many existing institutions. https://en.m.wikipedia.org/wiki/Shareholder_value https://en.m.wikipedia.org/wiki/Shareholder_value And it's been profoundly destructive.

mlhpdx 3y ago

> Just keep in mind that a business's role in society is to deliver something and bring in a profit. No, that’s just another lie you’ve been made to believe. Corporations exist to serve the public good. The freedom they have been granted by the laws passed by nations is to facilitate that end. All it takes to change the rights of corporations is a change in law (not a Constitutional change as it would to change the rights of people). https://www.jstor.org/stable/1322201?seq=3 https://www.jstor.org/stable/1322201?seq=3