Yup. Shareholders are the problem, who bought shares at price X and want to sell those shares at X+Y.
And they will do anything to get it.
Comment on ChatGPT's Growth Is Flatlining: Where Does It Go From Here?
micka190@lemmy.world 2 months ago“Gentlemen, it’s come to our attention that every one who could pay to use our product is paying to use our product. Unfortunately, it also means we’re no longer growing infinitely like we promised the shareholders we would. How do we fix this?”
The infinite growth mindset is so fucking stupid. Like, you’re still making an insane amount of money, what’s the fucking problem?
Modva@lemmy.world 2 months ago
slacktoid@lemmy.ml 2 months ago
Yes but what they stupidly never realize is Y is an integer.
z3rOR0ne@lemmy.ml 2 months ago
Because stock bros be lazy AF. They can’t even be bothered to buy and sell stock based off of who is and isn’t doing well, so they utilize investment firms who offer safe and risky bets like ETFs and Futures respectively. Ultimately, everyone really just wants to to buy one stock, have it make them money that exponentially makes even more money quarter after quarter forever, and then do whatever they’d actually do if money were no object (I.e. actually live life).
We don’t live in a world where desire/need scales evenly with this desire for exponential, eternal growth, so capitalists, who promise this impossible prospect to wall street, exploit human fears, desires, needs however they can (union busting, lobbying, etc.)
Carlin ultimately said it best in what has to be one of the greatest bits of all time, on The Big Club.