Re:Stupid Apps and Changing the World
by idlewords on Saturday September 26, 2015 @02:48AM
(#10282367)
This social rule has been elegantly hacked by no longer bothering to make a profit.
Re:Stupid Apps and Changing the World
by TheOtherHobbes on Saturday September 26, 2015 @07:10AM
(#10282748)
Or doing any real good.
Part of the problem is that markets don't distinguish between "screw the little guy (or the clueless VC) and make a quick buck" returns, and "have customers flocking to you because your product is awesome and it makes them awesome too" returns.
As far as markets are concerned, there's only money. Accountants and auditors know nothing about social value, and care less.
How can you measure social value when there are no accepted metrics?
This makes me think that people in Silicon Valley aren't arrogant as much as they tend to break an unstated social rule: One can't claim to be doing good while making a profit (even if what you're doing is in fact net-good).