alt Hacker NewsPrivate equity, and computers, optimized all the profits which drove profit quality down. We all have lower quality products to enrich a few finance individuals
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infecto • today at 2:26 PM
Or more likely consumers vote with their dollar and cost matters over quality. PE is just a bad scape goat, there are obvious outliers but largely companies make products that consumers want.
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Optimization is gonna kill us all in the end.