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"If your customers are too happy, you're leaving money on the table": it's the rallying cry of the enshittifier, and it's also what a friend of mine was told by a respected professor in a top-tier MBA program.

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Read a few comments in appreciation of the "Ken" in our lives. Just taking a moment to realise that in our house, I am Ken!

On one level I know these skills are valuable. On another level I forget that value and it's nice to be reminded. My wife and I run two separate businesses from home, both in the creative space. I'm the web guy. The tech guy. The computer guy. The solutions guy. Being self employed demands many skills, and just the basics of setting up your website and keeping that safe is a major foundation for any business.

These days we also have deal with hackers releasing scripts all over the web, ransomware that targets your NAS server, and a raft of identity theft threats that our govts seem unable or unwilling to deal with. It's not easy out here on the frontline, and AI slop being thrown at every corner of the internet is not helping.

This entry was edited (4 days ago)
in reply to Cory Doctorow

I'm lucky enough to have a "Ken" in my own life, though I'm not sure they *fully* appreciate how valuable they are and how closely they guard our data just by the simple act of running a couple of servers out of our house. They have considered outsourcing the effort to a hosting service, and I've had to convince them not to.

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in reply to Cory Doctorow

There is one minor issue with millennials (and younger) being unable to read an analog clock: The "clock drawing test" is a super useful tool in cognitive testing.

It can help diagnose Alzheimer's, Huntington's, Parkinson's, Diffuse Lewy Body, schizophrenia...

It tests coordination / muscle control, planning, correctly following instructions, memory, "perseveration", etc.

I wonder if there is an equivalent very common, very standardized, complex but not too complex device that can take the place of the clock.

in reply to Cory Doctorow

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in reply to Cory Doctorow

Amazing that it is possible to further enshittify the MBA reputation.
in reply to Cory Doctorow

With all due respect, that respected professor sounds like a real asshole.
in reply to Jargoggles

@jargoggles you're not supposed to be happy about what he tells you, you're supposed to be almost unhappy enough to ignore him. But not *quite* that unhappy.
in reply to Jargoggles

@jargoggles He's also stupid. He'd say if you can get $100 from someone now and only take $10, you're leaving $90 on the table. But if you take $10 now and $10 every year for the next 70 years, you end up with $700 at the end. By taking $100 now you're leaving $600 on the table which is a _lot_ bigger loss than leaving $90.
in reply to Todd Knarr

@tknarr
one truism about sales i picked up long ago is that you should _never_ go for 100%. don't extract the maximum you can get. that's a bad deal that looks like a good one.
@jargoggles @pluralistic
in reply to Todd Knarr

@tknarr @jargoggles or even over a shorter timeframe. Happy customers return. And not only do they return they send others to you (often spending far more money in both cases). And unhappy customers actively tell others to avoid your company.

This is as true of restaurants as it is of enterprise software venders.

(I observed a meeting of the CTOs and senior tech staff of a bunch of law firms once - they freely shared bad vendors amongst themselves as firms to avoid)

in reply to Shannon Clark

@Rycaut @tknarr @jargoggles
This is why vulture capital firms will pay ridiculous sums to acquire all the vendors in a particular market segment. I worked in a municipal government and watched dozens of small vendors that we used get acquired and when we looked at the other available solutions find that they too had already been acquired so we were pushed into crappier solutions as they tried to aggregate with crappy support and more expensive licensing and support fees.
in reply to Todd Knarr

@tknarr @jargoggles i dont agree with that professor. But your calculation also misses investing. Unfortunately, collecting $100 now and being able to invest that money for 70 years straight, will most likely get you a much higher number than the $700 dollars.
in reply to guust

@guust @tknarr @jargoggles not if you also invest the 10 you get every year. Then it's really down to the specifics of your expected interest and etc. It's also rarely as simple as 100 vs 700 and people rarely stick with one company for 70 years. Seems like there's too much nuance to make sweeping business advice one way or another, but caring about your customers sure does seem like the more decent thing to do.
in reply to iantra

@iantra @guust @jargoggles Nuance, maybe. But the size of the differences seems to indicate that it's a rare case where maximizing short-term gains is the better option. Which matches both common sense and actual results for a wise range of situations.

Yeast growth maximizes short-term gains too, and we know where that ends.

in reply to Jargoggles

@jargoggles
As a professor, I will say that "top tier MBA program" is almost an oxymoron as business programs seem to be the dregs of both teaching and learning at major universities in the U.S.A.
@pluralistic

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in reply to Brad Rosenheim

Obviously, the university exemplifies exactly what he’s talking about right?

Economics is another dreadful field. I’d love to see the departments absolutely pilloried.

The particular the economics department because so much of mainstream theory is garbage. Mathematical crap and literally mathematical crap. And more than a few things that are contradicted by empirical evidence.

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in reply to GhostOnTheHalfShell

@GhostOnTheHalfShell
Economic theory is predicated on the notion that every consumer is a rational actor. Yet markets are entirely made up of emotion. I rest your case.

@jargoggles @pluralistic

in reply to Brad Rosenheim

Oh, I know I’m quite well read on the detractors of mainstream theory and I can handle the math, along with having a background in anthropology, some understanding of psychology and a few other things along with an engineering background.

Everything is a wasteland

(Edit Apple voice to text as ass)

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in reply to GhostOnTheHalfShell

@GhostOnTheHalfShell @Brad_Rosenheim @jargoggles
My Roman History professor used to start most classes with a reading from the latest missive from the uni’s College of Education, which was always good for a laugh. He was pretty spot on.
in reply to GhostOnTheHalfShell

@GhostOnTheHalfShell @Brad_Rosenheim @jargoggles
An acquaintance did an economics degree some years ago; graduated top of his class, was tasked with speaking at commencement. Don't know how he resolved his "economics is basically runes & astrology" conclusion with the presumed requirement to be "uplifting."

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in reply to Cory Doctorow

And this is why I have forced myself to learn to jettison products/services where their enshittification bothers me.
in reply to Cory Doctorow

"If you're not eating the seed corn, what are you even doing this for?"

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