I feel like one reason might be prioritizing short term profit over long term profit. I read a lot that it's about profit maximization - but I think that's not necessarily true. Facebook for example, is likely hurting itself right now and will become irrelevant in the long term and loose their business. Execs care about quarterly growth more than growth over the next few years.
Ask HN: Why is today's Internet experience so user hostile?
381–383 of 383 posts
Re: Ask HN: Why is today's Internet experience so user hostile?
#382Laissez faire capitalism, basically. The idea that in a free market products work for consumers instead of for the corporations selling them is completely flawed.
That statement is flawed, yes.
The laissez faire argument is that everyone wins, as everyone does what they're good at and/or they like, and buys what they're bad at and/or they dislike.
You can disagree with that if you like, but there's no point creating a false "instead of" straw man.
Re: Ask HN: Why is today's Internet experience so user hostile?
#383Earlier quoted context omitted.
> Capitalism killing innovation by making it another homogeneous device that doesn't respect you doesn't surprise me. What is this weird fascination with capitalism on HN? If a socialist government thought collecting data was a good idea and directed its resources that way, would that okay? My read is (rightly or wrongly) they want to have cloud services, and cloud services require identification.
> > Capitalism killing innovation by making it another homogeneous device that doesn't respect you doesn't surprise me. > What is this weird fascination with capitalism on HN? "Comments on the internet" make a lot more sense to me now that I've started reading "capitalism" as "unbridled pursuit of profit". It's a shame that the general internet population seems to think those concepts are one and the same but I'm not…
Makes sense, but even then, not much. An unbridled pursuit of profit would mean quite a few business owners would be having their competitors killed and forcing people to work at gunpoint, with no repercussions.