this post was submitted on 05 Feb 2024
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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. (www.vice.com)
submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world
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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.

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[–] Daft_ish@lemmy.world 7 points 9 months ago (1 children)

Good, open the market for true innovation.

[–] mods_are_assholes@lemmy.world 8 points 9 months ago (2 children)

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.world 2 points 9 months ago (1 children)

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.world 7 points 9 months ago

I'd argue Venture Capitalists have done more damage to the world than the Vietcong ever did.

[–] Telodzrum@lemmy.world 0 points 9 months ago (1 children)

Always was

[–] mods_are_assholes@lemmy.world 2 points 9 months ago (2 children)

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.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 9 months ago

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

Who were the VCs of the 19th century?

[–] Telodzrum@lemmy.world -4 points 9 months ago (1 children)

Bad, horrible, revisionist take. The idiots now are the same as the idiots then, they just were your heroes so you don't want to hear it.

[–] mods_are_assholes@lemmy.world 0 points 9 months ago (1 children)

Botlike typing detected.

[–] Telodzrum@lemmy.world 0 points 9 months ago

Omg, it’s becoming self aware!