efficiency

The study »Innovation Indicator 2025« presents a sober picture of Germany’s innovation landscape. Germany remains in the upper mid-range but is under increasing pressure. Countries with clear strategic priorities, such as Switzerland, Denmark or Finland, perform significantly better. Germany, by contrast, struggles to build on its former strengths in value creation, digitalization and high-tech. Notably, a great deal of knowledge is generated in this country, but too little of it successfully reaches the market. ...

Here’s a worthwhile post from @[email protected] on the topic of ‘Enshittification’. The economic reasons for enshittification Under capitalism, a company’s ultimate goal is to increase profits. Most people realize that there are 3 basic ways of doing this: Increase revenue (develop better products, acquire more customers). Decrease costs (improve production technology). A combination of the above. What most people don’t realize, is that this is a naïve, outdated view that applies only to young industries (it applied pretty much to everyone in the early stages of capitalism, because most industries were young - and this is why it is an established, widespread view). ...