I'm sure they know that. Cycling enshittification on and off seems to make more money overall than not enshittifying, even though it can make less during the downcycle.
Burning reputation looks great on quarterly reports until the death spiral begins.
There’s a great number of products that I used to like that have been replaced and that’s fine as a consumer but stock holders are generally better off when the stock is still valuable in 10 years vs a slightly higher dividend today.
Burning reputation looks great on quarterly reports until the death spiral begins.
There’s a great number of products that I used to like that have been replaced and that’s fine as a consumer but stock holders are generally better off when the stock is still valuable in 10 years vs a slightly higher dividend today.