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Arguments seem legit with links to original articles.
Generating cash has a bigger priority than reinforcing the company
Billions of dollars have shifted toward an entirely new category of technology without any real consideration of whether they'll be good products that users will like — or whether said products might actually harm users — because these companies are not interested in useful innovation or what will actually make their products better at the things they're meant to do. Instead, they are interested in pumping stocks and showing the ability to grow their revenues every single quarter, even if doing so doesn't make the actual purpose of the company stronger.
Big tech companies try so hard to follow trends instead of reinforcing their core product.
Google delayed launching its own AI-based chatbot for years out of ethical concerns, but then rushed out an embarrassing, partially broken version in response to Microsoft's moves.
The goal is not to build the best product for the user anymore. "The user's experience has become subordinate to the company's stock price."
These companies have strayed from their core products — helping you find information, buy things, or connect with people — because their focus is no longer on innovation or providing a service, but finding a "good enough" service that they can then sell advertising around.
Venture capital and other investors have pushed for a growth-first model, prioritizing "line goes up" metrics rather than building a useful product and sustainable business.
instead of trying to meaningfully innovate and improve the useful services they provide, these companies have instead chased short-term fads or attempted to totally overhaul their businesses in a desperate attempt to win the favor of Wall Street investors. As a result, our collective online experience is getting worse — it's harder to buy the things you want to buy, more convoluted to search for information, and more difficult to socialize with people.
Facebook, a website ostensibly for finding and connecting with your friends, constantly floods users' feeds with sponsored (or "recommended") content, and seems to bury the things people want to see under what Facebook decides is relevant.