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bbulkow | 4 years ago
The problem is not ads, it is not even capitalism, is the requirement of our western capitalism to require constant growth. Doing what Google did 5 years ago, with the profits of 5 of years ago, should have been fine - but the markets demand growth, so companies have to pull into unsustainable territory and that wrecks the company.
Boeing is a great modern example.
No one ever really expected much of reddit. It could just do its thing. But now, spun off, it will have to relentlessly seek growth, and the counter is ticking for its destruction.
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