this post was submitted on 05 Feb 2024
366 points (89.6% liked)

Technology

59575 readers
3039 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
366
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 [email protected] to c/[email protected]
90 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 10 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'

[–] [email protected] 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.

[–] [email protected] 7 points 9 months ago

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

[–] [email protected] 0 points 9 months ago (1 children)

Always was

[–] [email protected] 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.

[–] [email protected] 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?

[–] [email protected] -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.

[–] [email protected] 0 points 9 months ago (1 children)

Botlike typing detected.

[–] [email protected] 0 points 9 months ago

Omg, it’s becoming self aware!