Gfycat.com shuts down on September 1 and all Gifs will be taken down
Gfycat.com shuts down on September 1 and all Gifs will be taken down
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211 comments
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Oh sweet, it's dot.com 2.0. Grab your popcorn, it's time for the internet to implode... again! Never ever underestimate shareholders' willingness to self-destruct a product for short-term profit.
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It's called fiduciary duty and it's why every mega company sucks.
Cut costs by replacing cashiers with self checkout? Write a fat check to the shareholders! Then, shoplifting is becoming an even bigger issue from the self checkout... Cut costs again by preventing shoplifting by having people man the self checkout! Write another fat check to the shareholders!
Nevermind that it would have been easier and cheaper to just keep the system we had. Looking at you, Target.
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Remember! You can't say "fiduciary duty" without saying "douche" and "doody."
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Fiduciary duty is an absolute circus. Obligating companies to maximize profits at the expense of the wider society is the exact opposite of how law should work.
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It's like the second implosion in a many weeks
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Next one will be human instrumentality!
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Similar to what happened after the last dot com crash, it'll be interesting to see how the internet evolves and what comes next.
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211 comments