Brian Acton or anyone else feeling guilty about their ad-tech wealth: use your winnings to lobby for a federal privacy bill that is as strong and comprehensive as GDPR (and other EU privacy regulations). The industry is moving to enact something that maintains the status quo [1]. [1] https://www.nytimes.com/2018/08/26/technology/tech-industry-...
Ex-Google Employee Urges Lawmakers to Take on Company
21–30 of 378 posts
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#22Fundamental issue is the expectation that all public companies must keep growing and show profits quarter after quarter, year after year. This is obviously unsustainable. It is like a treadmill that keeps increasing speed. If you slow down, you are thrown out. If consecutive quarterly results are not good, CEO is typically thrown out. This pressure forces management to make unnatural decisions that might help short-t…
Hey, feel free to invest your retirement savings in a company that doesn't grow profits year after year, I'm sure you'll do great!
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#23Fundamental issue is the expectation that all public companies must keep growing and show profits quarter after quarter, year after year. This is obviously unsustainable. It is like a treadmill that keeps increasing speed. If you slow down, you are thrown out. If consecutive quarterly results are not good, CEO is typically thrown out. This pressure forces management to make unnatural decisions that might help short-t…
Obviously, growing every quarter significantly is not sustainable. But growing profits every quarter is how stock price goes up, right? Assuming you don't pay dividends on your stock, if you don't grow profits every quarter then your stock price doesn't go up, and the shareholders (via the board of directors) will sack the CEO. The whole incentive structure for corporations seems to cause the short term thinking that…
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#24Brian Acton or anyone else feeling guilty about their ad-tech wealth: use your winnings to lobby for a federal privacy bill that is as strong and comprehensive as GDPR (and other EU privacy regulations). The industry is moving to enact something that maintains the status quo [1]. [1] https://www.nytimes.com/2018/08/26/technology/tech-industry-...
[1] https://hbr.org/2018/09/how-to-exercise-the-power-you-didnt-...
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#25Fundamental issue is the expectation that all public companies must keep growing and show profits quarter after quarter, year after year. This is obviously unsustainable. It is like a treadmill that keeps increasing speed. If you slow down, you are thrown out. If consecutive quarterly results are not good, CEO is typically thrown out. This pressure forces management to make unnatural decisions that might help short-t…
Not if such executives have controlling interest, which Google's execs do.
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#26Brian Acton or anyone else feeling guilty about their ad-tech wealth: use your winnings to lobby for a federal privacy bill that is as strong and comprehensive as GDPR (and other EU privacy regulations). The industry is moving to enact something that maintains the status quo [1]. [1] https://www.nytimes.com/2018/08/26/technology/tech-industry-...
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#27While I applaud his personal stance on refusing to work on a censored search engine, any solution that requires foregoing independent corporate decision making would be foolish. For those who have been tasked with building tools that support authoritarian regimes, grow a spine, make your voice heard, and quit if necessary. Don't give me any bullshit excuses for continuing, if you know it's wrong stop supporting it!
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#28I actually applaud Poulson for leaving Google in protest of Google's Chinese business practices. Having mentioned that, I think I have to part ways with him when he implies that the correct way to "fix" this is to have the government come in and make these sorts of business decisions for the company. I don't believe in the government obliging businesses to do things. Especially when it looks like this whole thing is…
OK.
Is it more or less messed up than that a private corporation can and is willing to perform surveillance on foreign citizens on behalf of those citizens' government that would be unacceptable anywhere else?
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#29What changed is Android, Google is losing a lot more than search, I've heard Android phones don't even work properly there. Apple phones work though.
Re: Ex-Google Employee Urges Lawmakers to Take on Company
#30My take in the issue is that Google is being mismanaged. China will not allow a foreign company to compete against its home grown search engines, so why bother? By bowing to Chinese censorship, Google hurts its public image. Google's management should have expected that its employees, who joined Google on the premise of "Do not evil", would leak this to the public. In short, the people at the top of Google look like…
We don't have the whole picture. Chinese might be open to some kind of a deal that could give Google share of the pie for a long time. If Internet really bifurcates and Chinese one spreads across most developing countries, it could pose a risk for Google to be left out of areas with majority of world's population.