this post was submitted on 23 Oct 2024
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The markets jumped 30% this year alone, even in the face of a higher than recently normal interest rate.
The problem isn't recoupment of losses, it's an expectation of skyrocketing future growth.
The end result is a lending market chasing unicorns, quarter after quarter, as businesses promising increasingly ludicrous returns to lure those investors in.
Youre describing the fortune 100 tech companies, as I said.
Plenty of smaller startups survived, still develop, support and improve their software very far from everything you're describing here. Should maintainers be paid less and less as the project ages?
Software shouldn't get cheaper as it ages. Big tech companies should stop milking monopolies off tax payer funds. It has nothing to do with the cost / lifecycle of software
The successful startups are gobbled up by the Big Tech firms. Instagram got eaten by Facebook. Nest and Fitbit were eaten by Google. Microsoft is a nesting doll of smaller game companies.
Linux suggests otherwise. Once you have a functional feature suite, you're just performance tuning to new hardware.
Excel hasn't materially changed in decades. Why does the price go up with every new edition, while it's peer software in LibreOffice continue to be free?
There are many more successful startups than the ones who make the news and become unicorns. Again your talking about big tech and fortune 100 tech companies, not software.
Linux doesn't suggest otherwise, maintainers exist who need to be paid and it's not just "performance", thats silly.
You say excel hasn't fundamentally changed in decades but that's not true. There is still a ton of tech debt in excel that affects real people, some who have left for a competitor. All these people here https://techcommunity.microsoft.com/t5/excel/feature-request/m-p/7702 seem to disagree excel was done a long time ago. Clearly you dont work in software and are relying on what software looks like though tabloids.
There are plenty of startups that don't fail. If that's the benchmark of success, you're still only talking about something on the order of 10-20% of businesses. But companies that become regionally competitive, rather than simply filling a specialist IT local niche, are target rich for M&A.
The existence of technical debt does not refute the claim that its hardly changed. Its evidence that much of the core architecture hasn't changed and flashing features have just been stacked on top in an increasingly precarious manner.
Tu quoque
Hasn't changed?
10-20% of businesses?
Dude nobody has time to refute these nonsense claims. It's not "tu quoque" if that's not the statement discrediting your claim and if youre clearly talking like someone who isn't in the industry. Software is more than what twitter says exists, and goes beyond FAANG or the fortune 500.
This is Business School 101, stuff.
Exactly, Fortune 500 companies and their stupid business garbage using software.
It's not a problem with software, it's a big tech problem. You made it clearer than i could have. Linux maintainers arent business school graduates, but they still need to be paid decades after the "software is done". It's not free
And if you mean providing random statistics and no sources is business 101, i can hardly disagree
The cost of maintaining the Linux tech stack is cheaper than maintaining the Windows tech stack primarily because Linux doesn't have this enormous administrative bloat.
It's not free, but it is significantly cheaper.
I'll show you mine when you show me yours.