Comment on Unity boycott begins as devs switch off ads to force a Runtime Fee reversal - Mobilegamer.biz

hoshikarakitaridia@sh.itjust.works ⁨9⁩ ⁨months⁩ ago

• expected_crayon@lemmy.world ⁨9⁩ ⁨months⁩ ago

  The problem is a lot of executive compensation packages are based on short term growth rather than long term growth. So CEOs are incentivized to maximize profits today at the expense of tomorrow so they can get that sweet sweet bonus money. It’s a fundamental flaw with our entire economic system that I don’t think is likely to fix itself.

  source

  • pennomi@lemmy.world ⁨9⁩ ⁨months⁩ ago

    Well looks like even short term profits are being threatened. Good.

    source
  • Honytawk@lemmy.zip ⁨9⁩ ⁨months⁩ ago

    I think they believe that they can use the increased profit of today to fix the losses of tomorrow.

    But trust in general comes by foot and goed on horseback, and that is especially true with communities.

    source
• honey_im_meat_grinding@lemmy.blahaj.zone ⁨9⁩ ⁨months⁩ ago

  I hope unity’s shareholders are happy with what they hoped for. This is the result of driving a company too far. Let’s makes this a guideline to follow for other companies not to make such shady decisions.

  I don’t think that’s going to happen as long as the ownership structures surrounding shareholders remains the same. It’s not the average person who invests in Unity that’s doing this, it’s the wealthy equity firms with significant holdings that are pushing for this unsustainable behaviour. After the 2008 crash, the EU, the US, Canada, and the UK all did studies on the economic stability of coops (1-person-1-vote democratically owned businesses) versus traditional companies and found that the coops were considerably more sustainable:

  The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7 percent of all the write-downs and losses between the third quarter of 2007 and the first quarter of 2011.

  (UK) A further study found that after ten years 44 percent of cooperatives were still in operation, compared with only 20 percent for all enterprises.

  (US) Credit unions, a type of cooperative bank, had five times lower failure rate than other banks during the financial crisis and more than doubled lending to small businesses between 2008 and 2016, from $30 billion to $60 billion, while lending to small businesses overall during the same period declined by around $100 billion.

  A 2010 report by the Ministry of Economic Development, Innovation and Export in Québec found the five-year survival rate and ten-year survival rate of cooperatives in Québec to be 62% and 44% respectively compared to 35% and 20% for conventional firms.

  There’s also a study using 100 years of data on French wine coops vs non-coop wine companies showing similar results: not only do coops survive longer, the survival rate gap widens over time as more and more non-coops collapse [Cooperatives versus Corporations: Survival in the French Wine Industry. Journal of Wine Economics, 13(3), 328-354. doi:10.1017/jwe.2017.1]

  source
• half_built_pyramids@lemmy.world ⁨9⁩ ⁨months⁩ ago

  Shareholders aren’t humans with ethics or a conscience. Remember when bby koty was in the news for sex harass? Bliz stuck went down. War Bufet bought bliz stucks and then when the new cycle moved on bliz stuck rebound and war buf MADE FUCKING MONEY OFF OFF A SEX HARASS.

  And then there was a news cycle about how smet war buf is.

  There is no accountability. There is only money.

  source

  • RagnarokOnline@reddthat.com ⁨9⁩ ⁨months⁩ ago

    This was a tough read for me. Is this what it feels like to be dyslexic?

    source

    • roguetrick@kbin.social ⁨9⁩ ⁨months⁩ ago

      War Bufet.

      source
    • half_built_pyramids@lemmy.world ⁨9⁩ ⁨months⁩ ago

      Yes

      source
  • forrgott@lemm.ee ⁨9⁩ ⁨months⁩ ago

    Dude, this isn’t Twitter, I mean xitter (pronounce x as sh); use your big boy words.

    source