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> The problem has generally been threefold: > 1. Tech is dominated by “true believers” and those who tag along to make money. > 2. Politicians seem to be fore
by repelsteeltje 2y ago
> The problem has generally been threefold:
> 1. Tech is dominated by “true believers” and those who tag along to make money.
> 2. Politicians seem to be forever gullible to the promises of tech.
> 3. Management loves promises of automation and profitable layoffs.
I would like to add another:
- While cheap, low interest money has dried up, VCs are still looking for problems that require considerable capital for hardware (rather than skilled labour), in business area that promises some kind of amazing scalability.
With crypto gone, AI is filling the gap. And nVidia is selling the shuffles