this post was submitted on 19 Jan 2024
859 points (97.8% liked)

Work Reform

9671 readers
822 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] marcos@lemmy.world 5 points 7 months ago* (last edited 7 months ago) (1 children)

The funny thing is... what are the operational requirements of an R&D organization?

As far as I can see, it's nothing, by definition.

Anyway, does the rich person there not understand that? Also, what is the value of an R&D organization where people are demotivated?

[–] Enkers@sh.itjust.works 10 points 7 months ago (1 children)

The rich person only cares about short term profits. They want to liquidate any good will and long term preparedness. Once the host corporation has been sufficiently bled of value, the parasite will move on to the next source of value it can find.

[–] marcos@lemmy.world 5 points 7 months ago (1 children)

But then, an R&D organization doesn't have short term profits.

[–] Enkers@sh.itjust.works 6 points 7 months ago* (last edited 7 months ago)

Correct. R&D only creates future value. Usually in the VC model, R&D is done by individuals or small groups and then funded (bought) by VC to get it to market. So even though the R&D do-er can cash out their future profits for immediate profits, the value of that R&D can't be realized immediately.

I personally think the VC and legacy models are currently competing, and VC is winning out. As we see here, even large, established companies aren't immune to impinging VCs.