Comment on Netflix will show generative AI ads midway through streams in 2026
starchylemming@lemmy.world 2 days agooh 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
skisnow@lemmy.ca 2 days ago
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.