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Comment by CoffeeCollector | Hacker News Reader

When will these big companies be satisfied? They have astronomical market caps, share prices and pay structures for leadership but it’s always more more more. These companies need to pull off the gas pedal and provide for their employees more rather than continue to extract from them.

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Google are meant to be working in the interests of shareholders. If you bought their stock today, would you be happy if it never went up in value?

If it continued to reliably generate a profit and distribute dividends, then yes.

Infinite growth is not possible and seeking it is not sustainable.

I’m not saying they should stop attempting to innovate, just that it shouldn’t come at the cost of giving up on reliable profit centers for the sake of “growth”.

We will continue to have growth until Humanity is living in dyson spheres with matter replicators, and humans are immortal Until then there will always be scarcity, and with scarcity you will always have new people doing more with less. If the trucks delivering your product go from human drivers to self driving trucks, there will be a lowered cost of getting your product into stores and increased productivity. If the local coal powered plant is shut down, and a new nuclear power plant takes its place and the cost of electricity for your business goes down by 8%, that is growth, that is an increase in productivity.

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