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I used to work at one of those body shop contracting places. A few years ago, I heard that the boss managed to sell the company, presenting themselves as deve
by SenHeng 5y ago
I used to work at one of those body shop contracting places. A few years ago, I heard that the boss managed to sell the company, presenting themselves as developing an in-house blockchain product.
I asked around some ex-colleagues and as far as anyone knew, all they had were some fancy PowerPoint decks and a very rough implementation in PHP.
After getting bought, everyone still continued doing the same old body work jobs, except now for the parent company’s other subsidiaries. The website still mentions blockchain.
Fake it till you make it.
- hn_throwaway_99 5y agoI lol'ed, because around 2017 is what I called the "sprinkle in some blockchain" era. There was so much FOMO from investors that blockchain was "the next big thing", that an easy way to literally double or triple your valuation was to "sprinkle in some blockchain". It wasn't like the investors were really even being scammed, because nobody could succinctly articulate why blockchain was better for these particular use cases in the first place. All I ever heard was some marketing speak that sounded like it was from a markov chain generator, but it apparently had the effect of hypnotizing investors so they'd add a few zeros to the end of their checks.
- bobsil1 5y agoVCs know it’s BS, but also that they can flip it to a mark.
- diordiderot 5y agoWahl or Zucker Berg
- nebula8804 5y agoWhat do we sprinkle in 2022? Whatever it is, i'll get on it right away and sprinkle some into my projects!
- KronisLV 5y agoSome of the trends that come to mind: - Crypto / Blockchain / NFT / Web3 - Machine Learning / AI - VR / AR / XR / Metaverse - Cloud / Serverless / Microservices - IoT - Big Data - Quantum Computing - SaaS / IaaS / Paas
- ignoramous 5y agoFinTech is absolutely hot at the moment and casts a huge shadow on rest of these trends.
- delusional 5y agoAt least where I'm from FinTech is harder, since there's a lot of regulatory hurdles that you are going to have to convince your audience that you've cleared. Non-tech people don't know what it takes to make a blockchain viable, but they do know that you have to have licenses to operate a FinTech company.
- rzzzt 5y agoServerless Quantum NFT Learning for Big IoT as a Service, coming soon to cinemas near you!
- nebula8804 5y agoFunny enough, AMC is pushing a promotion where if you saw Spiderman (or Moonfall) on launch day (and booked via their app) you got an NFT.
- quickthrower2 5y agoBig Data sounds so retro now.
- caffeine 5y agoBig Pandas
- quickthrower2 5y ago> Fake it to you make it I would class that story as deception.
- arthur_sav 5y agoThe FOMO is real, even today you can see it with NFTs.