Tech tends to goes through stages:
A need or idea is created. Usually by a small independent entity.
A proof of concept is developed and starts to gain ground.
Investors poor money into the concept to an extreme degree. Tech grows in functionality, matures and develops into a useful tool.
The the investors demand a return on the investment and the money dries up.
Company either goes bankrupt or their product goes to shit.
ch00f@lemmy.world 4 weeks ago
Say that to the Facebook Portal a fantastic product five years ago that is now having its features gutted because Meta couldn’t figure out how to make money off of it.