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Startups are the definition of being bought up or busting. It's incredibly rare that they do anything of use other than create IP and devs for a big corp to swa
by devwastaken 4y ago
Startups are the definition of being bought up or busting. It's incredibly rare that they do anything of use other than create IP and devs for a big corp to swallow.
Modern tech doesn't solve problems that mean anything. After we made calculators, excel, 3d modeling, phones etc - the world wonder was complete. Now we're just trying to add all sorts of ways to get money from people for things they dont need, rent seeking a solution looking for a problem. It's all a about massive amounts of money, not actually solving a problem.
The most useful tech startup will be one that ends tech startups, and begins startups in the foundations of society. Agriculture, social culture, education, construction, governance, etc.
But, let's be honest, we like the money, and as much as we can complain about where it comes from and it's incentives, it's also why we're here.
- badpun 4y agoThat's a very reductionist view on the topic. I work in a fintech startup which automates detecting online fraud (our customers are mostly various online stores). I'd say it provides concrete value for society. There are thousands of startups like that, which generally increase efficiency in some existing business processes, or in manufacturing, shipping etc.