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Companies don’t really exist to make products for consumers, they live to create stock value for investors. And the stock market loves AI
by nikanj 10mo ago
Companies don’t really exist to make products for consumers, they live to create stock value for investors. And the stock market loves AI
- bluGill 10mo agoThe stock market as always been about whatever is the fad in the short term, and whatever produces value in the long term. Today AI is the fad, but investors who care about fundamentals have always cared about pleasing customers because that is where the real value has always come from. (though be careful - not all customers are worth having, some wannabe customers should not be pleased)
- ehnto 10mo agoAs someone pointed out, Dell is 50% owned by Michael Dell. So it's less influenced by this paradigm.
- AkelaA 9mo agoWhich is probably why the CEO felt okay to make these comments. I would be very surprised to hear this from someone like Satya Nadella.
- sieabahlpark 10mo ago[dead]
- vel0city 9mo agoThe will of the stock market doesn't influence Dell, they're a privately held corporation. They're no longer listed on any public stock market.
- nikanj 9mo agoWhich is probably why Dell admits consumers don't care about AI PCs