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Zerksys t1_j64bpwm wrote

Reply to comment by erosram in Intel Posts Largest Loss in Years as PC and Server Nosedives by Stiven_Crysis

I feel like this is the fate of a lot of large companies whose core business, at one point, revolved around innovation and engineering. Over time, good engineering and creative innovation take a back seat to the company being run more like a hedge fund or a bank than a technology company. This is when the fall from grace usually starts.

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PatternMachine t1_j65gif2 wrote

The term for this is 'financialization' and it is endemic across all industries. The assets generated from the core business are used to continue generating money through investments and other financial tools. Even (maybe especially) cultural institutions like museums or even universities fall prey to it.

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phoenix0r t1_j668i2b wrote

Because no one wants to invest in a company that has stopped growing and increasing demand and profits. So to have these optics, these companies do this MBA BS to basically hide the fact that they don’t have any other new groundbreaking IP. If you lose investors, your company is basically sunk, even if you have a fantastic core product and dedicated customer base.

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