VCs are starting to partner with private equity to buy up call centers, accounting firms and other "mature companies" to replace their operations with AI
Deflated0ne @ Deflated0ne @lemmy.world Posts 2Comments 280Joined 2 mo. ago

Deflated0ne @ Deflated0ne @lemmy.world
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Isn't that what we call "Innovation" in our capitalist society?
You build a thing. Pour your blood sweat and tears into it. Some VC goon buys it during a downturn. They fire most of the staff. Strip the copper out of the walls. Make the service shittier and shittier until all that is left is its faltering brand recognition then sell it all for a bundle to the very next sucker they can?