this post was submitted on 05 Apr 2024
192 points (95.7% liked)
Technology
59148 readers
1946 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah. Not really ideal to giving a serious talk or something. Though there really isn't a single other word describing the growth-phase-to-monetization-phase shift that I'm aware of.
"Growth phase to monetization phase shift" is kind of awkwardly long.
Its not just growth to monetization, its next stage of 20% profit growth year after year, in this case in the end, sooner or later, one way or another, companies end up having to do bad things. So most companies end up doing bad things and society has to live with largely bad companies.
I wish there was a better way.
The welfare harms from monopolies are hardly a new discovery. The "growth phase" is called - in some contexts, at least - the "predation stage" followed by the "recoupment phase".