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>overrun with dipshit social media concerns that won't last 10 years actually, the most innovative companies today are in the social media space, on account of
by dxbydt 14y ago
>overrun with dipshit social media concerns that won't last 10 years
actually, the most innovative companies today are in the social media space, on account of them being able to attract the most talented developers. ofcourse, what they do today on the outside may not be that innovative, but what goes on inside a facebook, twitter, google, linkedin, is certainly light years ahead of what goes on inside investment banks & bread-and-butter techshops ( my past employers ). you are assuming social media outfits will be forever doing social media, which is 100% wrong. social media is lucrative & network effects are huge => large money inflow => R&D into non-social-media products. Very similar to what Ma Bell did by overcharging everybody on phone calls & routing all the cash to Bell Labs R&D. There are entire new languages & systems for handling big data that were invented within social media companies. Just because the dataset for those is social content does not mean that's all they can handle. Social media companies, atleast the big 4, are definitely primed for handling cheap large scale computation on a massive scale, the exact problem that you think will dominate in 2030.
- michaelochurch 14y agoI don't put the companies you listed in the "dipshit social media" category. Facebook and Twitter had a vision other than "get acquired" behind them. The "Me, too" players focused on M&A are the dipshits.