Are we in the dark ages of tech?
Google killing products instead of launching cool new things. No more free ESXi and Broadcom tightening the screws with VMware. Juniper being acquired by HPE. IBM killing off the spirit of RedHat by rising prices and removing access to source code. Smaller / cheaper clouds like DigitalOcean and Linode have cycled through executive leadership that cut expensive things that grew communities. Countless layoffs for years at startups and the largest tech companies. Everything else feels like a commodity… Apple or AWS has some new feature? Ok, but that seems like quantity over quality and it’s so hard to keep up with every new feature, etc. The only thing close to inspirational is Meta saying “fuck you, we’re spending billions on GPUs so we can create AGI and open source it”. All the other AI hype is people willing to risk the 10-20% inaccuracies for massive stock valuations. I don’t want to be cynical and I’m sure that in the mid-late 2000’s there was a similar thing going on when Microsoft, oracle, etc were a looming force. it’s like the wave of innovation that came from those ashes has now burnt down. TC: $460K YOE: 25
Google has always killed products lol. There's nothing more "googlier" than killing products. Especially if they're acquired products.
Lol, there's even a website dedicated to it https://killedbygoogle.com/
Now they are killing basics. Have you used Google Home lately? Every other command that I give it says it won’t be available at the end of February.
Juniper being acquired by HPE? what! . that means JNPR might have layoffs?
Once the deal closes, yes, especially those in HR and accounting. Engineering likely a little bit safer would be my guess, but it depends on the combined portfolio going forward.
Oracle was never a massive force.
Changed to “looming”. The sun acquisition was later in the timeline than I recalled.
It's also the stage of capitalism we're in
The age of product enshitification.
AI is a hype. Yes groundbreaking technology but where is the real life use cases aka replacement of all white collar jobs? Yeah some low level art jobs seem endangered but also the best artists will adapt.
So is bitcoin. But it also is making people a lot of money.
The internet is already filled with content and most of the information can be easily searched. Most of the generative content is not really needed. The more you generate, the higher the next search or training cost will be. The information duplicates online will grow exponentially. Maybe they are just internet garbage. Generated text can speed up QA searches a little bit. Generated images are like cartoons, do we really need that? Generated videos last for 1 minutes and lack of physical reality, I doubt it will ever be useful.
This is closer to the dotcom bubble than 2008
Yes - without the market crash
The market could still crash. You can see it right on this app. There’s a lot of people FOMOing into equities at all time highs. I could see a hyperbolic spike up/down happening