this post was submitted on 09 Nov 2025
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[–] e461h@sh.itjust.works 64 points 1 week ago (2 children)

Tech companies don’t innovate anymore. Their Wall Street string-pullers demand reliable profit growth so they kill innovation through buyouts and are left with stale products they can only make worse and/or charge more for. Layoffs are a direct wealth transfer from working class labor to wealthy shareholders and the street rewards execs for it every time.

And if you’re thinking AI is innovative, it’s got executives in a fever pitch for the same reasons - so companies can fire expensive labor and big tech can become even more monopolistic, shove more ads, push more propaganda, and control the internet. It’s fortunate it doesn’t work that well so far. Bubble can’t pop soon enough.

[–] nosuchanon@lemmy.world 5 points 1 week ago

Let’s make our own Internet with blackjack and hookers.