• theparadox@lemmy.world
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    1 day ago

    Technically, no. However, in today’s society if you aren’t making more profit this quarter (line go up) than last quarter you are seen as failing to meet your fiduciary duty to shareholders. More accurately, if the rate at which your profit is increasing isn’t increasing (line describing line go up) you are likely seen as failing the shareholders.

    It’s no longer acceptable to deliver to your customers, make a steady profit, and be sustainable. Now you must cut every possible corner, deliver as little value and use as little labor as possible, make more profit, and “stay competitive” or your company may as well be failing… in the eyes of investors.

    Unless you claim you are working on a technology like AI that can eventually let the company fire all of its workers and make all the money without having to pay humans for labor… in which case ignorant investors will light money on fire for you until they think someone else is definitely going to do it better or they think you can’t deliver.