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submitted 2 years ago by ijeff@lemdro.id to c/technology@lemmy.world
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[-] Nobody@lemmy.world 402 points 2 years ago

These tech companies have underestimated their utility. They are mostly providing mindless time wasters. If you try to charge money or create inconvenience, people will look for something else to do.

Their attention is your lifeblood, and you’re actively giving them reasons to look elsewhere. The VC grow-at-all-costs business model is fundamentally flawed. It doesn’t scale when profitability becomes a priority.

[-] umbrella@lemmy.ml 183 points 2 years ago

i think you mean "overestimated"

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this post was submitted on 04 Nov 2023
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