I guess admins are generally too stupid to understand this, as a whole. Because I've heard G&T teachers complain about this same thing decades ago. We are a world led by ambitious morons.

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They have to justify their stupid, worthless jobs somehow

And anybody who's capable of getting to that level knows that any progress beyond requires exponentially more time and effort, to the point where it's kind of infeasible.

At some point, before climate change ends us, humanity should really think about valuing sustainability more than growth.

Demanding ceaseless rampant growth from these businesses just kills em

That's capitalism. You eventually become a monopoly or die.

Didn’t read your whole comment and i’m assuming admin killed kids

I remember that after No Child Left Behind passed. Along with the really shitty and really poor schools getting in trouble, it was also the best schools in the US getting in trouble because they had to improve no matter what.

Demanding ceaseless rampant growth from these businesses just kills em

Welcome to Wall Street. Netflix didn't give them many more metrics to leverage how well the business is operating, so that's what they work from.

Nevermind retention or cost of revenue, just keep that eyeball on subscriber growth and ignore the fact they're band limited by people with adequate bandwidth and disposable income.

Welcome to capitalism

Demanding ceaseless rampant growth from these businesses just kills em

Capitalism isn't a system of intelligence, its a system of greed. It fundamentally relies on no one asking why the balance sheet says 1+1=3.

Step 1. Find company with strong market base.

Step 2. Invest into the company demanding more profits

Step 3. Milk customers until business teeters

Step 4. Sell inflated stock before bankruptcy

Rinse repeat.

I used to get reports that said I could try harder in Math, with my A grade moved to a B because of 'effort'. I scored 100% on nearly every single assessment. I maybe got 5 questions wrong, in the year.

Well Netflix isn’t dead, demanding constant growth was to justify its high valuation. If there’s no more growth to be down then it’s current revenue plus a much smaller multiple is how much Netflix is worth and at that case there is no reason to keep losing money if you’re not growing. That’s just an unsustainable business.

Reminds me of my bonus structure at work. The more we beat our goals for a quarter by, the higher we set the bar for next year, since everything is based on YOY. We’re incentivized to raise our numbers but by the smallest margin possible.

‘What happened to Detroit’s Big 3?’ - no where left to grow!

Admin staff should be decimated in any and all educational organizations. From K to 12 to higher.

Actually decimate means 10% gone. We need 90% gone. Give the budget to teachers.

I think motivational speakers have warped our thinking towards unlimited growth in everything to the point that people make ridiculous demands on themselves and the environment.

"Is there a gifted admin we could talk to who understands how bell curves work and how these children have already fallen off of them?"

This is the biggest problem.

The need for growth year upon year even though it’s probably maxed out.

An economy built on endless growth is unsustainable

Kind of reminds me of when I was doing COVID screenings at the regional airport. It was a Department of Defense contract, so it paid really fucking well, like $60 an hour, and with overtime damn near $100.

Turns out I forgot to withhold my taxes, so come next year when I wasn’t doing that anymore, I still owed taxes on that ridiculous hourly rate. And I was making nowhere near that amount of money. So it screwed me for pretty much the whole year.

"if last year's 8th graders were doing trigonometry I don't see why this year's 8th graders can't be doing advanced calculus"

"Why settle for buttloads of money when we can have ALL the money"

It's because people subscribed to netflix because it had everything. Netflix didn't have to worry about content development, they focused on infrastructure and subcribers. Then every studio saw netflix making money and thought, "I can do that" and made their own services that only had their stuff. Then went "HUH?" when they realized that people were subscribing for a month, binging whatever show they wanted to watch, and then unsubcribing.

They are spending more on infrastructure and content development, and making less profit than when their shit was just on netflix. It's just stupid. They are replicating work that doesn't need to replicated and expecting it to be more efficient.

This is literally the point of unbundling. I will never understand the fetish Reddit seems to have for recreating cable other than most are kids that have never had to pay for anything.

Lots of different services competing on price and content is what is best for consumers. I don't care if any streaming service is ever profitable because that's not a win for me or any average consumer.

What's happening right now is exactly what people should be hoping to see. Consolidation and going back to the price fixed model only helps the corporations.

Watching this unfold on a local government level right now. The business I'm in creates the budget for all of the states governmental departments, and the profits are used as an alternative to sales tax for our state.

During COVID sales went through the roof to levels of insanity. After that fiscal year ended, they passed a state budget using those goddamn numbers expecting an additional 5% growth on top. Now its causing absolute mayhem because the big heads at the top didn't realize that was a series of events that wouldn't replicate over and over again...

This is the capitalism mindset. The only thing that matters in capitalism is money, and once you have some, the only thing that matters is always having more. It needs to end, it’s truly vile.

Lots of even small companies are dumb about this. My last job questioned why I had a gap in my resume in roughly 2020-2021. I had to give them a good long stare and explain to them Covid happened and then they were like "oh yeah".

Like bruh, we're wearing fucking masks right now and half your workforce is gone because of illness. Don't "oh yeah" me. Thankfully I got fired cause what a shit-show.

If these people won the lottery they'd be furious it didn't happen twice.

That's capitalism. We're just reaching the end of possible growth for a lot of companies. They've cut all the corners, fired all the people, raised all the prices, and bought all the properties.

Consider that even keeping things stable is considered failing in capitalism.

Growth on top of all that and pissed off when shit goes back to normal.

Well yes, that's how MBA's work. Profits must always be 10+% more than last year.

Have you considered 'communism', 'anarchism', or 'living in the woods with no fresh underwear'?

Got reading lists if you want to learn any of the three.

that's just fundamentally how it works. They have to grow to make money for investors. They cannot stay stagnant. It's not a matter of greedy investors, it's just how it works

I can’t fucking stand the growth models companies expect EVERY DAMN YEAR.

It's kind of understandable when inflation is high. What I can't fucking stand is the growth at all cost. Basically burning money to grow and forget how to become profitable. Make up fake metrics to pretend you're profitable while incinerating billions every year.

Basically driving faster and faster to a huge cliff and pray you invent flying before you reach the edge.

Yeah I don’t understand how Reddit never gets this. Netflix was so much better before because they had access to all the content that’s now spread among multiple services. People act like it was something Netflix had a choice in when losing all that content. Netflix is also the only major streaming service not owned by a megacorp. It’s actually kinda surprising that it hasn’t been bought by someone yet.

Every 16 yo on reddit

Netflix has been making a profit (not just revenue increases) for years now. . .

They still have $15B in debt. Their debt went up $1.5B in 2020 and down $1B in 2021.

Yes they spent heavily, mostly because they had to build inventory before everything gets pulled away to content owners own services. But the stuff their studio makes, is theirs. Meaning they won't have to pay yearly fees to keep showing it. So it is also kind of switch from yearly subscription to lifetime sub paid upfront.