Earlier quoted context omitted.
This is absolutely it! In the marketplace, only results matter and companies that deliver them displace those that don’t. In this case, result mean profit or at least conversions. The same was true for banks who were over extended on risky loans in the late aughts. If you didn’t do that, you were criticized by analysts and Wall Street for being too conservative, and anyway look how much these other banks are making.…
> In the marketplace, only results matter and companies that deliver them displace those that don’t. In this case, result mean profit or at least conversions. Were this the unalterable truth, mom and pop shops wouldn't exist. Companies who invest profits back into themselves would not exist. Public companies who pay living wages wouldn't exist. But they all do. Which means there's more to the formula; and that formul…
Do you believe businesses/people out there have the intention to disrespect their users? Most often, that's not the case. Hence, we need regulations to combat good intentions gone awry (and most certainly bad intentions).