14min chapter

Better Offline cover image

William Lazonick on How The Stock Market Killed Tech

Better Offline

CHAPTER

Stagnation and Innovation in Tech

This chapter analyzes the stagnation in the tech industry, marked by a lack of breakthrough innovations and a focus on profitability over societal needs. It discusses the implications of financialization on corporate growth, employee well-being, and innovation, and critiques the negative consequences of prioritizing short-term gains. The conversation also explores the socio-political landscape, reflecting on how current corporate practices impact broader social issues and political policies.

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