The Dark Side of Tech Industry Growth

This chapter explores the negative consequences of the tech industry's relentless pursuit of growth, including deteriorating product quality, exploitation of customers, disposable labor, and excessive wealth accumulation for executives. It discusses the disconnect between company growth and profitability, using examples like Microsoft's layoffs after acquiring Activision Blizzard and Spotify's stock jump post-workforce reduction. The chapter also delves into the unethical nature of layoffs in big tech companies, the downfall of meta due to mismanagement, and how market perception often overlooks product quality in favor of growth and profitability.