Google, which has an ambitious plan to address climate change with cleaner operations, came nowhere close to its goals last year, according to the company’s annual Environmental Report Tuesday.
Quarterly finances kinda answer that. Jumping onto the AI bubble brings investors, makes your company highly valued and gives managers fat quarterly and annual bonuses. It doesn’t matter if the company or whole industry goes under in the future, because those bonuses have already been collected.
This has always been true but somehow seems to have sped up the past few years. There’s so little concern for longevity or making a quality product. Yeah, it’s a flaw in capitalism but I’m wondering why it took so long to surface.
Quarterly finances kinda answer that. Jumping onto the AI bubble brings investors, makes your company highly valued and gives managers fat quarterly and annual bonuses. It doesn’t matter if the company or whole industry goes under in the future, because those bonuses have already been collected.
This has always been true but somehow seems to have sped up the past few years. There’s so little concern for longevity or making a quality product. Yeah, it’s a flaw in capitalism but I’m wondering why it took so long to surface.