Amazon and Google both seem to be speedrunning the usual corporate arc in which companies are founded on innovation, become wildly successful, and then spend decades on a profitable slow decline while they become more and more ossified and bureaucratic, ending in either acquisition or collapse.
I wonder if there's something about them that's caused them to become so awful, so quickly? Or has technology just accelerated both the business cycle and the visibility of their failings?
Technology plus a concentration of wealth not seen in a long time, IMO. Enables the wealthy to deregulate the government. Very "tight inner loop" for cartels/monopolies.
Damaging and unsustainable, unfortunately for most of us, especially those losing life saving medical services.
EU banning Amazon from lobbying Parliment is nice.
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[ 3.5 ms ] story [ 15.8 ms ] threadI wonder if there's something about them that's caused them to become so awful, so quickly? Or has technology just accelerated both the business cycle and the visibility of their failings?
Damaging and unsustainable, unfortunately for most of us, especially those losing life saving medical services.
EU banning Amazon from lobbying Parliment is nice.
https://news.ycombinator.com/item?id=39544779