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Industries that actually run the world and won't be disrupted by whatever VC-funded "Uber of X" whose business model is ultimately a Ponzi scheme. Think banking
by qwedf 4y ago
Industries that actually run the world and won't be disrupted by whatever VC-funded "Uber of X" whose business model is ultimately a Ponzi scheme. Think banking, engineering firms like Schneider/ABB, tools that are actually used in hospitals, etc. Look for major industry players that provide the backbone of basic infrastructure that you probably never heard of because they're too busy growing at a clip of 2% per year at $2B profit and don't need to crow. And of course the companies that support them
- Cerium 4y agoMedical hardware is great. Boring time tested technology and good profits.
- bitwize 4y agoAll of the non-Web GUI development jobs I see are for either military applications or medical devices. They also pay much lower than even enterprise webshit, despite requiring increasingly more specialized knowledge.
- rramadass 4y agoWell Said! I suspect this where the real "expertise" in Building Software Systems lies. Stable, Steady, Fault-Tolerant, least MTBF etc. characteristics are the name of the Game.
- sealeck 4y agoNot sure that financial services (banks) are less likely to be perpetrating a Ponzi scheme than Uber, etc.
- qwedf 4y agoCan't argue against that. Although to be fair, the MBAification of the leadership class is turning most places into Ponzis or client-hating Monopolies
- orangepurple 4y agoThe difference is banks will always be bailed out by the government. It's the Ponzi that keeps on giving.