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
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    1011 months 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
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      211 months 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
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        711 months ago

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

      • @mods_are_assholes
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        211 months 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.

        • @Knock_Knock_Lemmy_In
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          111 months ago

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

          Who were the VCs of the 19th century?

        • @Telodzrum
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          -411 months ago

          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.