Sure, but they have a crazy large amount of data and an army of Data Science PhDs who sat down and calculated they’d make more money increasing their margins on people who’ll put up with it, than they’d lose pissing the rest of their customers off.
All the rest of us can do is leave our Torrents running and keep our ratios up…
Yes. This is basically the core of why capitalism eats itself.
You don’t have to be evil or short-sighted to be a CEO, but if you don’t do evil and short-sighted shit to pump the share price there’s a high probability the board will replace you with someone who will.
This is why I believe the government should hold stock and sit on the boards of any company that gets publicly listed. Much easier than tying yourself in knots with an adversarial system of complex regulations.
Sure, but they have a crazy large amount of data and an army of Data Science PhDs who sat down and calculated they’d make more money increasing their margins on people who’ll put up with it, than they’d lose pissing the rest of their customers off.
All the rest of us can do is leave our Torrents running and keep our ratios up…
Often enough execs are just impervious to math.
oh they can do the math of short term gains because they dont stay long term and move on to the next company to short term gain
they never think about anything but their own gain
make number go up > get a bonus for meeting profit gain goals > leave company before shit hits the fan to repeat the same pattern somewhere else
Yes. This is basically the core of why capitalism eats itself.
You don’t have to be evil or short-sighted to be a CEO, but if you don’t do evil and short-sighted shit to pump the share price there’s a high probability the board will replace you with someone who will.
This is why I believe the government should hold stock and sit on the boards of any company that gets publicly listed. Much easier than tying yourself in knots with an adversarial system of complex regulations.
I’m on FNP, where do you find other (private) trackers? If I might ask.