Why big tech stopped building useful stuff

(rubenerd.au)

29 points | by cdrnsf 21 hours ago ago

5 comments

  • webnrrd2k 18 hours ago ago

    Because they switched from building useful stuff to building high stock values.

  • simianwords 13 hours ago ago

    It’s literally not true though. Big tech built AI which is probably the most important technology since internet

    There’s this popular misconception that companies only chase stock valuation but it doesn’t look true.

    • pjmlp 10 hours ago ago

      For their stock holders, and upper management it definitely is, all the automation that AI will deliver to get rid of those pesky workers with their demands, vacations, sick days, bathroom breaks, protests for better work conditions,....

  • tonglingxujianx 10 hours ago ago

    [flagged]