this post was submitted on 02 Jul 2023
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[–] Clown_Tempura 109 points 1 year ago (3 children)

Oh sweet, it's dot.com 2.0. Grab your popcorn, it's time for the internet to implode... again! Never ever underestimate shareholders' willingness to self-destruct a product for short-term profit.

[–] piecat 29 points 1 year ago (3 children)

It's called fiduciary duty and it's why every mega company sucks.

Cut costs by replacing cashiers with self checkout? Write a fat check to the shareholders! Then, shoplifting is becoming an even bigger issue from the self checkout... Cut costs again by preventing shoplifting by having people man the self checkout! Write another fat check to the shareholders!

Nevermind that it would have been easier and cheaper to just keep the system we had. Looking at you, Target.

[–] Demdaru 12 points 1 year ago (1 children)

Hey, but self-checkouts are good. Dunno how they use them at target, but at shops I go to they allow me to get to the shop, grab what I need and leave within 5 minutes.

And not so sure with cheaper. Again from my experience, shops have a setup of 6 self-checkouts per 1 employee.

[–] rodneylives 6 points 1 year ago

Remember! You can't say "fiduciary duty" without saying "douche" and "doody."

[–] [email protected] 5 points 1 year ago

Fiduciary duty is an absolute circus. Obligating companies to maximize profits at the expense of the wider society is the exact opposite of how law should work.

[–] RandomlyAssigned 8 points 1 year ago (2 children)

It's like the second implosion in a many weeks

[–] [email protected] 2 points 1 year ago

Next one will be human instrumentality!

[–] KingScoob 6 points 1 year ago

Similar to what happened after the last dot com crash, it'll be interesting to see how the internet evolves and what comes next.