Technology

59201 readers

3022 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 another!
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, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

291

MKBHD - Do Bad Reviews Kill Companies? (www.youtube.com)

submitted 6 months ago by jeena@jemmy.jeena.net to c/technology@lemmy.world

96 comments fedilink hide all child comments

My take on this is no they don't. As long as they are truthful they only report on the quality of the product and prevent many people of spending a lot of money from losing it by buying something that doesn't work.

If your product is shit your company does not deserve to be shielded from the backlash, this is the core of (classic) capitalism after all.

you are viewing a single comment's thread
view the rest of the comments

[–] CubitOom@infosec.pub 8 points 6 months ago* (last edited 6 months ago) (1 children)

In today's market, the perception or even the profitability of a product means nothing. All that actually matters is growth.

For a publicly traded company, or even one that just uses venture capital to start up; the product isn't the thing that they might sell to consumers, it's their brand. This is what gives them more capital to continue running the company and ultimately to profit.

This means that a company no longer needs to make good products, they don't need to keep customers happy, they don't even need to be profitable. All they need is to show growth opportunities to potential investors.

[–] RatherBeMTB@sh.itjust.works 1 points 6 months ago

While this is possible for a couple of years, it is definitely not sustainable in the middle term. If that was true, then Ericsson and Blackberry would still have the biggest market cap in smartphones and GM, Ford and Chrysler would be the biggest car companies in the world.