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> It's a pretty clear depiction of the investor class being so detached from the technical reality I think, their ROI model is much different and subtle. Few
by n_ary 2y ago
> It's a pretty clear depiction of the investor class being so detached from the technical reality
I think, their ROI model is much different and subtle. Few decades back, everything ran on-premises and costed ok ... Then a huge investment had been shovelled into fancy frameworks and pushing strange paradigms (microservices, distributed systems, monoliths whatever flavour works for the tech giants) so now people just put together whatever and needs massive _cloud_ to run basic things that used to run on few MHz devices.
In the end, the ROI is NOT from these models, those are just gambles in case one actually becomes a king maker. The actual ROI is from the _cloud_ where innocent people will rent expensive hardware to try and utilise these models and funneling wealth to the actual investments(cloud operators, hardware vendors) which are already part of portfolio of these investors. Basically, $1MM invested in random shiny startup will inspire other shiny startups to also spend similar in race to become unicorn, all the while the cloud operators and GPU vendors are laughing to the bank preparing their shareholders(usually same investors) dividends.