asterisk2a + overhead   6

The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
The tech industry has cut a Google’s worth of jobs in the past 12 months
bigger companies, more profitable products, with less people. // “It would be wrong to assume that increased job cuts are a sign of weakness in the tech sector,” Challenger, Gray & Christmas CEO John Challenger said in a statement. “The simple fact is that the industry is going through a transformation and companies either have to shift their focus or risk extinction. We will always need technology, but how we interact with it, as well as where and when we interact with it, are changing rapidly.” //&! http://recode.net/2016/04/19/intel-chipmaker-mobile-earnings-restructuring/ - Intel missed the mobile revolution. Now it faces its day of reckoning.
Silicon  Valley  Unicorn  Instagram  WhatsApp  productivity  Software  Eats  The  World  Software  Is  Eating  The  World  Software  Revolution  Software  Development  Slack  Facebook  profit  maximisation  profit  maximization  winner  take  all  IBM  Intel  Microsoft  Salesforce  antitrust  overhead  cost  center  AWS  cloudcomputing  Cloudstorage  Netflix  Amazon  Azure  Google  Cloud  Google  Inc.  Alphabet  Inc.  Oracle  Mobile  Creative  scalability  scaling  scale  Snapchat  Twitter  Apple  automation  robotics  AI  artificial  intelligence  3D  printing  autonomous  cars  self-driving  cars  labour  market  job  market  skill  gap  skills  gap  homescreen 
april 2016 by asterisk2a
The great Uber fairness fallacy: as a driver, how do you bargain with an app? | Technology | The Guardian
Businesses have been shedding their identity as employers for at least 30 years, profiting from the work performed by ‘independent contractors’ without the cost, risk or aggravation of actually dealing with employees
Uber  eBay  Marketplace  middleman  capitalism  Software  Is  Eating  The  World  outsourcing  1099  Economy  freelance  Zero  Hour  Contract  Contractor  Temp  Agency  Leiharbeit  Zeitarbeit  Gig  Economy  freelancing  part-time  labour  market  job  creation  job  market  job  security  insecurity  labour  economics  operations  cost  center  overhead  profit  maximisation  shareholder  value  Wall  Street  crony  capitalism  manual  labour  Service  Sector  Jobs  Niedriglohnsektor 
august 2015 by asterisk2a
Symantec Said to Explore Split Into Security, Storage Cos - Bloomberg
@Symantec ($16B mkt cap) is in advanced talks to split into separate storage & security entities, @Bloomberg reports; new CEO Michael Brown reportedly supports the split ... [...] “We are focusing our investments in businesses where demand is greatest and improving operational efficiencies to grow revenue and operating margin,” Brown said in a statement at the time. “I look forward to continuing to focus the company’s strategy to deliver for our customers and our shareholders.”
focus  focused  conglomerate  corporate  Wall  Street  eBay  PayPal  HP  Symantec  economic  history  creative  destruction  competitive  competitiveness  organisational  overhead  M&A  profit  maximisation  shareholder  shareholder  value 
october 2014 by asterisk2a
Sascha Lobo: Sharing Economy wie bei Uber ist Plattform-Kapitalismus - SPIEGEL ONLINE
S.P.O.N. - Die Mensch-Maschine: Auf dem Weg in die Dumpinghölle. Der Konflikt um den Fahrdienst Uber illustriert einen globalen Trend. Was oft als Sharing Economy bezeichnet wird, ist in Wirklichkeit ein euphemistisch benannter Aspekt einer neuen digitalen Wirtschaftsordnung: des Plattform-Kapitalismus. +!+!+!+ https://news.ycombinator.com/item?id=8347583 - The Demons Of On-Demand +!+!+!+ Legal challenges could threaten the business models of the on-demand startups relying on independent contractors. Does Silicon Valley Have a Contract-Worker Problem? — An examination of tech's favorite labor model. "t's simply the digital middleman [...] fewer people [will] have traditional full-time or part-time jobs as a result. [...] "Perpetual, hourly employment is often deeply inefficient for all parties involved," (CAPITALISM SAYS) [... vs MyClean using Employee Structure, Controlling usr experience] - nymag.com/daily/intelligencer/2014/09/silicon-valleys-contract-worker-problem.html +!+!+!+
Uber  Lyft  self-employment  contractor  commoditization  commodity  business  on-demand  Share  Economy  sharing  Services  Industry  service  service  TaskRabbit  Homejoy  Washio  BloomThat  Shyp  freelance  freelancing  marketplace  efficiencies  marketplace  marketplace  inefficiencies  managed-service  overhead  profit  maximisation  capitalism  Precariat  precarious  work  Niedriglohn  Niedriglohnsektor  minimum  wage  job  security  21stcentury  flat  world  globalization  globalisation  productivity  disrupting  markets  disruption  labour  economics  labour  market  Postmates  Spoonrocket  DoorDash  1099  1099-MISC  regulation  health  insurance  insurance  user  experience  sustainability  sustainable  short-term  thinking  short-term  view  Brand  MyClean  Munchery  Sprig  MakeSpace  W-2  employment  underemployed  working  poor  minimumwage  mindestlohn  Alfred  differentiation  differentiate  customer  experience  product  experience  shared  experience  offline  experience  Silicon  Valley  corporate  values  corporate  culture  Instacart  USA  UK  convenience  disposable  income  Start-Up  lesson  Start-Up  advice 
september 2014 by asterisk2a
Why AOL Should Not Have Bought Huffington Post And Patch - Forbes
AOL's media business not profitable ie Huffpost and Patch not profitable. ... Q can large scale internet only media units not be profitable? - Is that a law? like gravity? Why is gawker profitable, because it doesn't have the excess, overhead and perks AOL's media unit got. << lots of execs, vp's, directors, lots of reporting that isn't really work, vertical structure - hierarchy. || Gawker Media is a Cayman Islands-incorporated online media company and blog - http://en.wikipedia.org/wiki/Gawker_Media "In 2009, the corporation was estimated to be worth $300 million, with $60 million in advertising revenues and more than $30 million in operating profit.[3]" || >> Lesson - don't build overhead, stuff that is not doing actual work for the business to turn a operational profit. || http://bit.ly/1q1BQ4G + http://bit.ly/1i29pU0 + http://read.bi/1lqvmg9 + http://bit.ly/1pyGZ6j + http://bit.ly/1kWGL6i ||
AOL  Tim  Armstrong  HuffingtonPost  Patch  Huffington  Post  journalismus  Journalism  content  network  short-form  content  throwaway  content  paid  content  content  creator  digital  content  content  curation  content  content  distribution  micro  content  Niche  microcontent  paidcontent  TechCrunch  Crunchbase  BuzzFeed  UpWorthy  Gawker  BusinessInsider  Washington  Post  Jeff  Bezos  business  model  business  plan  overhead  Lean  Start-Up  Start-Up  lesson  Start-Up  advice  engagement  marketing  advertisement  advertising  direct  response  marketing  Yahoo!  web  publishing  publishing  2.0  blog  blogosphere 
june 2014 by asterisk2a

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