3 ms·
IMO, what has happened is that big tech has realized they are monopolies or cartels, and the ethos of these companies as innovators has fundamentally died. Beca
by AtlasBarfed 3y ago
IMO, what has happened is that big tech has realized they are monopolies or cartels, and the ethos of these companies as innovators has fundamentally died. Because Facebook's Metaverse, Google's multiple ventures in self-driving and other alphabet things, etc, have all failed miserably, particularly from the investment payoff.
Facebook and Google in the last 10 years went from usable worthwhile sites to ad-dominated monstrosities, and their revenue exploded. Likely the beancounters have taken total control, and recognized that worker salaries for all the worker bee tasks in the big tech companies are vastly overpriced.
This executive management decision is the underpinning of Musk's takeover and destruction of Twitter. It probably would have succeeded if he wasn't insane.