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(non-English speaker so bear with me) 1. "Choose boring technology" The new situation for tech investments will force a change in how startups choose their te
by imagine2024 3y ago
(non-English speaker so bear with me)
1. "Choose boring technology"
The new situation for tech investments will force a change in how startups choose their technologies. The number of "innovation tokens" will be limited, as the runway is shortened and they can't afford to spend time on immature technology or pretend they have to design a product for Google scale.
Startups will be forced to make safer choices. Example: If you are an average startup, you don't get to choose an esoteric programming language or create your own database server, unless that language or database is your actual product.
2. "Low/No code is still not ready, but many startups will fail because of it"
Due to #1 many managers and VCs will consider lowering costs by trying low/no code tools. They may get an initial MVP quickly, but will waste lots of time and money once they move outside the market fit for their chosen tool.
4. "AI is the new blockchain"
We will see an increase in startups using "AI" as a keyword for attracting VCs. Those that focus too much on AI will often fail to provide a decent product, while those that considers it another tool in the toolbox will have an advantage. Prices on graphics cards will still be high, as the AI startups will need a lot of processing power.
5. "Sh*itification of streaming services"
TV/Movies are too fragmented and it will start hurting the streaming services. Consumers will increasingly become periodic subscribers, where they subscribe for a period and then pause the subscription until the next season of a good show is released. This will cause panic in the boardrooms and they will make many bad decisions that makes the product worse.
We will look at the years prior to 2025 as the golden age of streaming, until the product eventually becomes so bad that piracy and bankruptcies forces a more distributed alternative where a tv series is not tightly coupled with a streaming service (it may take several years)
6. "Twitter / X will still be there"
I think that they will be profitable and still be a major source of traffic. Some of the changes may be reversed (such as the name change and re-hiring moderators), but I think many in tech are underestimating the advantage they have by their size. They can expand their product and increase their revenue enough to become profitable even if they don't conquer the world.
- neonmist 3y agoSo I'm not crazy. I keep saying these all the time