Let me explain. Silicon Valley in the last decade looked at avenues of growth at breakneck pace to attract investments and ended up with paradigms which led to disruption of old economy and old monies. They’d rather have liked digital economies to just enhance their current business (like the insipid IT departments of yore or made to order third party software like the outsourcing companies do) The final straw was with election fiasco; where people sought to start tightening the screws on digital economy. Since then one after the other starting with FAANG and later other companies the subtle persecution is gradually escalating. And it can’t now be paid off by funding the potential prosecutors which was the strategy before to keep out restrictive regulations which weren’t really applicable to the digital economy. Now the genie is too much out of the bottle; the genie can only be tamed. Meta and the content creation economy is there next phase of efforts to keep the unique nature of digital economy locked up within itself. #faang #recession
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