I think this is just another case of "over-optimization to make shareholders happy in the end ruins everything". I.e., the normal enshittification problem.
Pretty sure all of that does make financial sense:
- Being able to write 4k will bring people in to re-watching/watching the show for the first time.
- Redoing the CGI, etc., would have cost a lot of money.
- Very few people will cancel their subscription or stop watching because of stuff like that
- So in the end, no one cares
I.e., it makes financial sense to do the minimum possible.
Sure, if this were a project you care about, if it were your company that you are also emotionally invested in and maybe proud of, etc., things might look different. But your actual customers are shareholders, which in the end are predominantly giant ETF brokers and pension funds, that don't care about anything else but what your stock price looks like and whether you are in the S&P500. They probably don't even know what your company is doing.
Only if you’re optimizing for easily measured metrics alone. The value of a companies brand is not just some arbitrary number on a balance sheet it does influence the easily measured metrics like the number of customers you have across multiple segments in a noisy way. Which then influences your profits, which those institutional investors do care about.
That said, the general public is more price conscious than most people on HN. Walmart is generously rewarded for finding a good price:quality match for a huge segment of the population.
Reputation will only become more important as AI generated content permeates society, the name behind what you’ll read, watch or listen will be a bigger factor in whether anyone would commit minutes to hours to consuming what could be slop.
I think this erosion of trust will have far reaching consequences and people will become less open to ideas and experiences front strangers.
Running your brand into the ground in the early days will be costly.
HBO became an incredibly valuable brand because of a well deserved reputation for quality. Any one great show or highly visible screwup will only move that needle so much, but they do compound over time. I still remember the leaked audio from some years ago when the new HBO ownership explicitly said they wanted to take a more quantity over quality approach. This latest case certainly reinforces my mental model that HBO isn't what it used to be and probably isn't worth combing back to any time soon, given that there are better streaming options out there.
You're absolutely right, and I don't know why more people aren't talking about that instead of just pointing out aspect ratio issues in their favorite movies and TV shows...
This is the end goal of a system that doesn't think beyond next quarter, that wants to accumulate vast sums of money above all else, and that treats customers as an annoying side effect of the line going up. They'd take our money and give us nothing, if they could get away with it. Based on what passes for products these days (seriously? A toilet with a camera?) we're very nearly there.
Pretty sure all of that does make financial sense: - Being able to write 4k will bring people in to re-watching/watching the show for the first time. - Redoing the CGI, etc., would have cost a lot of money. - Very few people will cancel their subscription or stop watching because of stuff like that - So in the end, no one cares
I.e., it makes financial sense to do the minimum possible. Sure, if this were a project you care about, if it were your company that you are also emotionally invested in and maybe proud of, etc., things might look different. But your actual customers are shareholders, which in the end are predominantly giant ETF brokers and pension funds, that don't care about anything else but what your stock price looks like and whether you are in the S&P500. They probably don't even know what your company is doing.
Sorry, rant over ;P