this post was submitted on 07 Jul 2023
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That’s the reason the product exists for. They have to increase the value for their shareholders.
Increasing “value” for shareholders in spite of user experience should be a reason to be sent to the guillotine.
In al seriousness now, being profitable is ok, but these companies try to be ever more profitable while not giving a flying fuck about the impact they have.
How do you define impact here?
Increasing the echo chambers of conspiracy theorists, extremist and with that influencing things like elections seems quite the impact to me. All these mega corporations could’ve tried to limit these things, but probably that would’ve looked bad on their balance sheets.
Add to this the insane amount of data harvesting they do on their users and in general just making every damn platform worse from year to year while only looking for ever more profits.