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.

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mods_are_assholes@lemmy.world ⁨1⁩ ⁨year⁩ 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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