Comment on I'm Tired of Pretending Tech is Making the World Better

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The_v@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

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.

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