Corporate culture is based on constant growth and ever increasing profit margins. Eventually they’ll amass so much of the wealth that most of the lower class won’t be able to purchase anything other than essentials like food.
No new cars, no tech gadgets, no fancy dinners, no vacations, no disposable income.
When we get there the economy collapses because there’s no money going into it.
The profits stop rolling in, unnecessary goods stop being produced, and the luxury goods producer’s shut down.
At this point the money they worked so hard to hoard becomes worthless because they can’t buy anything with it.
What’s the endgame for them if their current path takes them to a point where their assets are more or less worthless?
It’s exactly this mentality. They DO NOT CARE what happens at the end, because they are assuming they’ll be either dead or in AI bunkers by then. Everyone else will be left to burn.
It’s just like Big Oil (or insert massive scale business with environmental consequences) - they’re making the world inhabitable. As the consequences don’t “immediately” matter to them , all they care about is the immediate future, not long term. But it still makes no sense to me.
Their actions don’t make rational sense to you because you’re not a sociopathic CEO beholden to the whims of shareholders. Otherwise, you nailed it.