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The worst part is that very poor diversification / groupthink is exactly what creates financial bubbles and financial crises. We seem to be reaching that uncomf
by H8crilA 3y ago
The worst part is that very poor diversification / groupthink is exactly what creates financial bubbles and financial crises. We seem to be reaching that uncomfortable too-big-to-fail scale in computing / cyber security.
- marcosdumay 3y ago> We seem to be reaching We clearly reached it at the 90's. We have been waiting for the other shoe to drop since then.
- AlexandrB 3y agoOther shoe will not drop because the liability for mishandling customer/user data is minimal. I don't expect a scenario where Microsoft (of even Microsoft's cloud division) folds after this. Bear Stearns actually collapsed after their fuckups.