It seems like it is taboo to even discuss the collapse of the so-called "tech" industry. The people invested in it appear to police the dialogue online, which is not something I remember before the dot-com collapse. (Of course, in the early 00's we did not have the same level of manipulation through data collection, tracking, re-ordering of results, comment voting systems, etc.). The attempts of the "tech" believers to "argue" with simple questions or the presentation of facts is hilarious.
Too many years of "zero" interest rates has resulted in some warped thinking.
I am hoping the SBV failure serves as a hallmark, a final exclamation point for the startup world.
Cuz now it's gone, and all that's left is Big Corporate. Basically NYC but with that California faux niceness. I'll give the New Yorkers this: they'll tell you to eat shit and die on the street to your face, but they don't fake it; they respect others enough to stab you in the front, not in the back.
It’s not just the cheap money, it’s across the board woke language policing. While we should all strive to be more inclusive, it shouldn’t be at the expense of honest and clear communication.
This has nothing to do with "wokeness" or inclusivity, this is known as past exonerative.
It's a way of distancing yourself from the blame. "Mistakes were made" instead of "we made mistakes". Or "a suspect was killed in an officer-involved shooting" instead of "a policeman killed the suspect". "Teammates were impacted" instead of "we laid people off".
It's like saying "shit happens, who knows who's to blame" when we all know who's to blame.
It is disingenuous, at best, to equate collapse to "going back to the cave age". If your house's roof collapses you do not end up in a cave. You either pay a small fortune to have it fixed or, if you lack the wealth to do so, sell it at a loss to someone who can.
Tech/IT is too valuable to be ditched altogether, so we are not going back even to the 80s or 90s. But collapse is appropriate for the kind of lean times ahead: companies getting bought on the cheap, investments evaporating, projects shelved, jobs (or even careers) lost.
Too many years of "zero" interest rates has resulted in some warped thinking.