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Large sectors of the tech industry simply don't interact with the broader economy as a whole and was propped up by low interest rates and free VC money. Once f
by tekla 3y ago
Large sectors of the tech industry simply don't interact with the broader economy as a whole and was propped up by low interest rates and free VC money.
Once free money went away, everyone realized they actually need to make money and couldn't just sit on a army of developers not doing much to make money.
The economy as a whole is doing great according to pretty much every single measure.
- No1 3y agoBosch does not really fit the “propped up by low interest rates and free VC money” theme.
- mint2 3y agoIt’s supposedly their autonomous driving related stuff
- joshuamcginnis 3y ago> The economy as a whole is doing great according to pretty much every single measure. What about inflation? Office vacancies (and the looming debt crisis)? The national debt and interest? Stagnant wages? Housing affordability? Low birth rate? Just to name a few.
- doubloon 3y agoWhat about the homeless tent city right outside my window