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Does enshitification happen because companies are publicly-traded? (beehaw.org)
submitted 6 months ago by hedge@beehaw.org to c/technology@beehaw.org
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Isn't that a prerequisite for enshitification? Publicly-traded companies are required (by law, I think) to maximize profits for their shareholders, even if that means utterly ruining their original product (Reddit, Boeing, etc.), yes? What do you think?

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[-] kobold@beehaw.org 6 points 6 months ago

Nope! My company is private after getting bought last year and they are definitely fucking it up with "ai all the things" and "ai makes us more human" and strip mining out our actual work culture and replacing it with an even more soulless grind

this post was submitted on 24 Apr 2024
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