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>To address your point - from an tech-outside view, there is definitely something like "Cancel-Culture" I believe this is just called the market. Market partic
by bingbong70 6y ago
>To address your point - from an tech-outside view, there is definitely something like "Cancel-Culture"
I believe this is just called the market. Market participants voluntarily defunding operations that are perceived as harmful is as old as man. Its just that we now have information to track funding sources at our finger tips. Boomers would've 'cancelled' IBM if they knew about the active contracts with the Nazi government during WW2, it wasn't some "unique lost wisdom" that stopped them, just a lack of information.
This is the market acting on more information...and the market was never expected to be efficient, especially in the short-term.