this post was submitted on 08 Jul 2024
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Google expected infinite growth in a finite system. Now that the growth is slowing they are trying to increase yield from their current pool of resources instead.
Why dont these companies accept theybarent worth as much any more and just provide less services until they balance off.
The stuff they cant afford to provide could be taken on by someone else. Being a one company does all type master of none sort of thing is clearly bad for society and the economy.
I dont really know what im talking about but i just dont get why they see losses and an end to growth but take the position of "we need to find a way to keep this going" instead of "we need to sell off things until our company is making money again, even if its less money"
In the US everyone just wants to see the line go up, they don't care how it happens. They are beholdent to a corrupt and inept class of disconnected aristocrats that don't know their face from their ass
I dont think it's unique to the US, companies in other countries have to play the same game or be lost to obscurity.