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
      link
      English
      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
        link
        English
        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
        link
        English
        -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.