This mindset is the fundamental problem

stay@lemmy.world to Technology@lemmy.world – 491 points –
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Increasing “value” for shareholders in spite of user experience should be a reason to be sent to the guillotine.

In al seriousness now, being profitable is ok, but these companies try to be ever more profitable while not giving a flying fuck about the impact they have.

How do you define impact here?

Increasing the echo chambers of conspiracy theorists, extremist and with that influencing things like elections seems quite the impact to me. All these mega corporations could’ve tried to limit these things, but probably that would’ve looked bad on their balance sheets.

Add to this the insane amount of data harvesting they do on their users and in general just making every damn platform worse from year to year while only looking for ever more profits.

The user below failed to mention Meta is indirectly responsible for an actual Genocide through their purposeful lack of oversight and endless desire for engagement at no matter the cost.