The Hype is the Product \ stacker news ~Design

Large publicly traded tech companies seem to no longer consider their customers – that is, people and organizations who actually buy their products or pay for access to their services – their core focus. The focus has instead turned towards the stock price.

Their real clients, the entities they really care about, are the stockholders. Reasons are many, perhaps one of them being that people making decisions tend to own stock options or have bonuses tied to stock performance of the companies they run.

This means that for a large, established tech company the product or service it offers does not matter all that much anymore. It needs to be just barely good enough to keep people using it. The easiest way to do this is some form of a monopoly.

Monopoly is the business model of Silicon Valley, and they are not even shy about that.

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0 sats \ 0 replies \ @LibertasBR 4m

Many of them certainly benefit from lobbying the larger corporation. In any case, shareholders only invest in companies with an interesting ROI, that's what the figures show, and for the ROI to be interesting, the company must be doing well in its net results.

Monopoly happens in some segments, such as social media, but it's not the main factor for such “success”, since the general public is mediocre with its demands and the competitors are very bad. I write all this thinking mainly of Apple and its products.