VC firms are pioneering a new investment strategy: acquiring established businesses and optimizing them with AI to boost efficiency and customer reach.
This doesn’t produce anything. It removes jobs instead of creating them. And by the end there is one less company in the system.
I wrote in response to you saying this is what they “should” be doing. That it would either work, or not.
But this is working sustainable businesses being butchered for their value on the meat market, rather than operated long term.
It most certainly isn’t what they “should” be doing.
If this is the best way to make money, the rich will continue to do it instead of starting new companies. That is not going to have pleasant long-term effects on the world.
What do you mean “but”?
This doesn’t produce anything. It removes jobs instead of creating them. And by the end there is one less company in the system.
I wrote in response to you saying this is what they “should” be doing. That it would either work, or not.
But this is working sustainable businesses being butchered for their value on the meat market, rather than operated long term.
It most certainly isn’t what they “should” be doing.
If this is the best way to make money, the rich will continue to do it instead of starting new companies. That is not going to have pleasant long-term effects on the world.