Comment on 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.

• Telodzrum@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Always was

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  • mods_are_assholes@lemmy.world ⁨11⁩ ⁨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.

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    • Telodzrum@lemmy.world ⁨11⁩ ⁨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.

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      • mods_are_assholes@lemmy.world ⁨10⁩ ⁨months⁩ ago

        Botlike typing detected.

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    • Knock_Knock_Lemmy_In@lemmy.world ⁨10⁩ ⁨months⁩ ago

      Before Neoliberalism, VC type investing was done with a view for the future.

      Who were the VCs of the 19th century?

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• Daft_ish@lemmy.world ⁨11⁩ ⁨months⁩ ago

  I have verifiably never been active military or served in Nam but the first thought that came to my head was Veit Cong.

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  • mods_are_assholes@lemmy.world ⁨11⁩ ⁨months⁩ ago

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

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