this post was submitted on 25 Jan 2025
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[–] Rivalarrival@lemmy.today 7 points 5 days ago

To which I would respond:

Given how many social media companies have collapsed over the years...

...it doesn't seem that "senior execs" are capable of learning the necessary lessons. Quite the contrary, the "senior execs" and most of the (early) shareholders of all these failed companies seem to be doing quite well for themselves, long after the companies have gone belly up.

Even if they are capable of learning, they don't seem to care.