Adafruit: From Ultimate Driving Machine to Ultimate Rent-Seeking Machine: The BMW Logo Screw Patent.
If you haven’t already heard, BMW’s R&D teams have been busy “innovating.” Unfortunately, they aren’t focusing on the things that actually matter—like stellar engine performance or the legendary driving dynamics that gearheads love. Instead, the C-suite execs decided that the best use of their engineering budget was to design a proprietary security screw specifically intended to prevent BMW drivers from fixing their own cars.
That’s the core of the issue. Short term focus at the expense of the long term sustainability of the entire enterprise.
I think the focus on the shareholder perceptions is the core issue. It’s compounded by the short term interests of said shareholders.
That short term focus causes a lot of damage to a lot of people.
But, of course, too many shareholders are sociopathically focused on their own enrichment with absolutely zero concern for the harms thay cause to the rest of society.