this post was submitted on 22 Aug 2024
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I remember when I was growing up, tech industry has so many people that were admirable, and you wanted to aspire to be in life. Bill Gates, founders of Google Larry Page, Sergey brin, Steve Jobs (wasn't perfect but on a surface level, he was still at least a pretty decent guy), basically everyone involved in gaming from Xbox to PlayStation and so on, Tom from MySpace... So many admirable people who were actually really great....

Now, people are just trash. Look at Mark Zuckerberg who leads Facebook. Dude is a lizard man, anytime you think he has shown some character growth he does something truly horrible and illegal that he should be thrown in prison for. For example, he's been buying up properties in Hawaii and basically stealing them from the locals. He's basically committing human rights violations by violating the culture of Hawaiian natives and their land deeds that are passed down from generation to generation. He has been systematically stealing them and building a wall on Hawaii, basically a f*cking colonizer. That's what the guy is. I thought he was a good upstanding person until I learned all these things about him

Current CEO of Google is peak dirtbag. Dude has no interest in the company or it's success at all, his only concern is patting his pockets while he is there as CEO, and appeasing the shareholders. He has zero interest in helping or making anyone's life pleasant at the company. Truly a dirtbag in every way.

Current CEO of Home Depot, which I now consider a tech company because they have moved out of retail and into the online space and they are rapidly restructuring their entire business around online sales, that dude is a total piece of work conservative racist. I remember working for this company, This dude's entire focus is eliminating as many people as feasibly possible from working in the store, making their life living heck, does not see people as human beings at all. Just wants to eliminate anyone and everyone they possibly can, think they are a slave labor force

Elon musk, we all know about him, don't need to really say much. Every time you think he's doing something good for society, he proves you wrong And does the worst thing he can possibly do in that situation. It's like he's specifically trying to make the world the worst place possible everyday

Like, damn. What the heck happened to the world? You know? I thought the tech industry was supposed to be filled with these brilliant genius people who are really good for the world...

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[โ€“] [email protected] 24 points 2 weeks ago (1 children)

Their job is to maximize shareholder profit. That is their only and one true job as CEOs. If you want a CEO that is not evil, look for companies that are not public even though they could be.

[โ€“] [email protected] 3 points 2 weeks ago

Years ago, I was hanging out with a manager of finance and asking a few basic questions about finance. After a little while, i guess she got tired of the conversation because she handed me her old finance textbook.

Anyway, I was mostly interested in the foundational ideas of finance, not the details, so I went away and started reading the introduction. It turns out that the introduction was very short, no more than two pages. It was extremely well-written, simple, and to the point.

The foundational idea of modern finance, according to this standard textbook, is very simple and highly reductionist: the one and only goal of finance is to maximize shareholder value, and share prices are the ultimate way that goal is measured. I've never seen a whole discipline reduced to such stark and prosaic terms with absolutely no attempt to articulate ethics or justify it in relation to some wider public good.