Tech Used to Be Bleeding Edge, Now it’s Just Bleeding | After a decade of scandals and half-assed product launches, people are no longer buying the future Big Tech is selling.::After a decade of scandals and half-assed product launches, people are no longer buying the future Big Tech is selling.

  • mods_are_assholes@lemmy.worlddeleted by creator
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    2 years ago

    That’s not what’s happening.

    Now it’s just ‘open the market for VCs to suck the good out of everything they can’

    • Daft_ish@lemmy.worlddeleted by creator
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      2 years ago

      I have verifiably never been active military or served in Nam but the first thought that came to my head was Veit Cong.

      • mods_are_assholes@lemmy.worlddeleted by creator
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        2 years ago

        Before Neoliberalism, VC type investing was done with a view for the future.

        Nowadays it’s all ‘drain the value, dump the husk, move on to the next startup’.

        It’s parasitic and on a scale never before seen in human history.