I'll do you one better, the market doesn't care about competitive advantage.
If it did, then we'd not see every company adopting this year's technobabble to get a stock price bump. How many companies this year are chasing LLMs and AI even when it has absolutely nothing to do with their core product? How about a few years ago when everyone was after ML? A few years before that when it was setting up blockchains?
Heck, how many of these layoffs going around are due to the fact that every time a company does it they get a stock price bump?
If it did, then we'd not see every company adopting this year's technobabble to get a stock price bump. How many companies this year are chasing LLMs and AI even when it has absolutely nothing to do with their core product? How about a few years ago when everyone was after ML? A few years before that when it was setting up blockchains?
Heck, how many of these layoffs going around are due to the fact that every time a company does it they get a stock price bump?