Every bubble goes through this phase just before it pops. Pre-implosion Twitter had tons of folks doing useless “research” projects, WeWork had folks studying furniture design’s impact on wellbeing, and so on.
When you’re more worried about this sort of stuff vs generating profit then the history books strongly indicate that’s usually not a good omen of what’s coming next.
Tech will stay, most of the companies currently in the space will cease to exist in their present form a few years from now. Just like all previous tech bubbles.
We’ve seen this movie before. It’s possible for new tech to be both amazing and revolutionary and a business disaster both at the same time.
cmiles8 · · focus · HN ↗
When you’re more worried about this sort of stuff vs generating profit then the history books strongly indicate that’s usually not a good omen of what’s coming next.
bonoboTP · · focus · HN ↗
cmiles8 · · focus · HN ↗
We’ve seen this movie before. It’s possible for new tech to be both amazing and revolutionary and a business disaster both at the same time.