this post was submitted on 10 Jun 2025
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Watch his recent interview with Nilay Patel from The Verge. Watching him dance around questions about this was painful.
This man only cares about increasing Alphabet stock prices to ensure as large a golden parachute as possible on the way out.
You described all executives everywhere.
This Is literally his legal obligation, welcome to capitalism
there are many ways to fulfil this “obligation”… i’d argue that he’s increasing alphabet stock price in the short term but long term what the fuck is going to happen when the sources all go out of business?
… oh right they’re going to become a news monopoly… cool cool cool
regardless, i think there’s an argument to be made with all this “we are evil because it’s our legal duty to shareholders” that evil is a bad long-term choice. i think boeing is the prime example: if they weren’t “too big to fail” they’d be fucked because of their short term thinking
No, making money is not a legal obligation. CEO at my last job told the board, two years in a row, that intended to lose money so we could invest in our people and tech. They cheered him.
The sad part is this is actually his job description and Alphabet could get sued by shareholders if he didn‘t do exactly that. The stock market needs to be criminalized, not glorified as the one truth like it‘s treated right now.
AI stands for Ambitious Indian
(Just plagiarizing the joke about that company that went bankrupt)