Planet13 - 6:26 pm on Mar 2, 2011 (gmt 0)
I think the point of the story is that people lose their jobs over a Google update.
Fair enough. But the responsibility was really on the executives of Macrapo not to have such a bad product. If they had good a GOOD quality product in the first place, they wouldn't be in the position they are in now.
Further, no one FORCED Macrapo to become dependent on placement in google's listings for their business. No one put a gun to their heads. They chose to do so knowing that google could change their algorithm at any moment.
Live by the sword, die by the sword.
Some might argue that there's a the angle of social responsibility whenver google makes a change.
And what about shareholder responsibility?
As for social responsibility, think of it this way:
There use to be an embargo against products from South Africa due to Apartheid. US Steel manufactures were able to compete because south African steel (which was cheaper) was not available to the US market.
Well, the embargo ended and the influx of South African steel killed off the remaining steel industry in the US.
So, should we have kept the embargo against south Africa in place out of "social responsibility" for the American workers who lost their jobs?