this post was submitted on 15 Sep 2023
1603 points (98.7% liked)
Technology
65819 readers
5250 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What’s with these companies going full-evil all of a sudden.
The infinite money dried up. Now they are out of ideas on how to make a profit because they werent before.
Also investors pushing for higher profit margins. Unity is publicly traded company.
and poor parsec just got bought by unity, definitely gonna go down with the ship for profit
So the companies "aren't making enough money", which means they don't have enough to pay us, which means we don't have enough to spend on them.
Hmm.
They only "don't have enough to pay us" insofar as they don't have enough to pay us without sacrificing record high profits or CEO salaries.
Others did it and faced no consequences. No government step-in, no mass customer loss. When there are no consequences for greedy monopolistic behaviours, greedy monopolies act greedily. Welcome to market capitalism without proper regulation.
Interest rates
To be fair it does seem like there's some kind of coordinated effort going on.