Technology

37360 readers

240 users here now

Rumors, happenings, and innovations in the technology sphere. If it's technological news or discussion of technology, it probably belongs here.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

[email protected]

154

Does enshitification happen because companies are publicly-traded? (beehaw.org)

submitted 2 months ago by [email protected] to c/[email protected]

70 comments fedilink hide all child comments

Isn't that a prerequisite for enshitification? Publicly-traded companies are required (by law, I think) to maximize profits for their shareholders, even if that means utterly ruining their original product (Reddit, Boeing, etc.), yes? What do you think?

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 3 points 2 months ago

Meta acquiring Oculus

As someone with industry experience working with VR, I can tell you it's a mixed bag. I think there's certainly no way Oculus (and consumer VR in general) takes off the way it did without Facebook's dollars behind it, and it's certainly paved the way to the outstanding quality of standalone HMDs that are on offer today. However, it killed the initiative for PCVR hardware with the non-consolation that Meta, Pico, and HTC offer "Link mode" on all their headsets and it's iffy on good days, which makes B2B PCVR very difficult to facilitate without some serious legwork on lowering latency over the air connections. Would that we could revive the Rift S, that headset was perfect for our needs.