Earlier quoted context omitted.
Burning reputation looks great on quarterly reports until the death spiral begins. There’s a great number of products that I used to like that have been replaced and that’s fine as a consumer but stock holders are generally better off when the stock is still valuable in 10 years vs a slightly higher dividend today.
Why worry about how a stock will look in a decade when you can buy and sell in microseconds based on AI, tweets, and vibes. Screwing over users makes people money today. Long before the consequences kick in investors can jump ship to the next corporation victimizing their userbase. Google's probably too big to fail at this point though. If they push away users and the AI bubble bursts taxpayers will be footing the bi…
Constantly jumping from unstable stock to unstable stock is a great way to suddenly be down a great deal of money. Offsetting a 50% drop takes doubling your money afterwards and in that period you haven’t made anything so the next 50% drop puts you into a deeper hole.
As to too big to fail, the top of the market has a surprising amount of churn with many companies falling very far very quickly.