The tech industry experienced meteoric growth in the last 2 decades primarily because of the Fed's monetary policy, which tricked down in to the hands of a group of people who managed to leetcode well. These idiots think they know everything because of their ability to LC, looking down on those who disagree with them politically, thinking that they can be the next Steve Jobs by with stupid ideas like drop shipping, LC training courses, becoming an influencer of some kind, or dog walking app, who's sole common denominator is not having to do much real work much like the act of LC and creating useless CRUD services (by copy pasting from stack overflow) that nobody wants to use, but some PM found a creative way to force people to use. #tech #swe #pm #whatever
I agree with you but I don’t see this cycle stopping. Before tech is was wall st making even more $ just moving digital $ around in excel
never said it will, whole point is to mock these LC monkeys trying their hand at dropshipping and unsurprisingly failing
still creates more value than wall street
Judging by your explanation, you thought of this while looking in a mirror.
No ambitions to start anything at the moment, accepted the fact that I will be a wage c*ck for the near future. This was in response to many of my idiot friends/acquaintances trying to pitch my their get rich quick schemes.
OP is such a boner
Has*
Did you mean boomer
Imagine thinking the wealthy weren’t already half idiots
The people who have inherited their wealth are definitely idiots, but some of those who earned it themselves are intelligent.
Very few most r idiots tbh.
Techcels btfo lol, the jig's up
its all ogre now, shut it down
They know, shut it down
People thinking expertise in one domain makes them experts in other unrelated domains is a huge problem in general.
My mother-in-law has that problem! (Oh didn’t need the share that) opines on everything!
Agree
But its still much better than dumb influencer/celebrities becoming rich and thinking themselves as the GOD
That’s true but also applicable to oil, finance, crypto, real estate.
You’re really jabbing at the workers and not the execs. The execs must be geniuses?
They're idiots too. Some of the truly idiotic ideas that some of them have put out. Look at Marissa Mayer's contact list startup lmao, or any of the other covid era pump and dump SPACs
Usually the exec have enough connections/influence to get VCs in on it and cash out before it goes bust, or at least get a promo out of their stupid ideas.