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A billionaire wrote this letter to Google a year ago. (lemmy.world)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 11 points 9 months ago* (last edited 9 months ago)

Great post. Insightful but not surprising.

From the perspective of a money-seeking billionaire like this, everything in the world is only as valuable as its measurement in dollars. Really, this type of behavior is completely normal and maybe even "smart", from the perspective of a capitalist system that rewards greed above all else.

If I am not mistaken, I also read that both Meta and Google, during the big hiring spree of 2021 / 2022, deliberately over-hired thousands of employees with no real work for them, just so that the competitors couldn't get those employees.

Imagine having so much excessive money that you can pay thousands of employees just to do nothing, simply so that your competitors might not get them.

Corporate behavior in modern capitalism is pretty fucked up. It's great if you are one of the few ultra wealthy individuals and all you care about is making more money than you even know what to do with. But beyond them, it's a ruthless and unfair system that will spit you out without a second thought, if it means some rich bastard can make even more money.