I think a lot of people don't consider FAANG serious business, profitable yes, but you aren't putting food on tables (other than the shareholders)

I don't know anyone that isn't taking Amazon or Apple seriously now. Lots of people don't take Meta or Alphabet seriously, but still buy or click online advertisements.

I'd say Amazon is the most "serious" of them, but only the import/export side of the business.

Apple basically just sells boutique whitegoods.

If any of these companies ceased to exist, it wouldn't inconvenience anyone other the shareholders.

Well, one could imagine some small inconvenience if Gmail disappeared...

Seems like your definition of "serious business" probably amounts to about 10% of the overall economy at this point? It doesn't seem very relevant or useful.

How does that reflect on the usefulness of the economy

> I think a lot of people don't consider FAANG serious business

true, hn'ers obviously excluded :)

> but you aren't putting food on tables

i tend to agree, but then again, most "value" is created by businesses that revolve around unnecessary things.

congrats on having the worst hn take of the year

Hard pill to swallow, I know

> you aren't putting food on tables (other than the shareholders)

And the employees.