locriss.bsky.social
@locriss.bsky.social
Reposted by locriss.bsky.social
When the bubble pops, and it will, you’re not just looking at a few Johnny-come-lately companies shuttering. This is a load-bearing delusion. The entire tech industry is fucked because they all bought in, every VC firm bought in, investors have everything in it. They need to make you like it.
Look: The thing you need to understand about genAI is that every Next Big SV Thing of the last 15 years—NFTs, Web3, Metaverse, VR—has been utterly rejected by the market and the tech grifters know this is their last chance, no more. That’s why there is an apocalyptic level of capital invested in it.
January 13, 2025 at 12:11 AM
When the bubble pops, and it will, you’re not just looking at a few Johnny-come-lately companies shuttering. This is a load-bearing delusion. The entire tech industry is fucked because they all bought in, every VC firm bought in, investors have everything in it. They need to make you like it.
Reposted by locriss.bsky.social
Reposted by locriss.bsky.social
Counting little dragons
November 17, 2024 at 8:58 PM
Counting little dragons