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[–] 60 points 6 months ago

In the place of problem-solving technology, companies have jumped on successive bandwagons like NFTs, the metaverse, and large language models. What these all have in common is that they are not built to really solve a market problem. They are built to make VCs and companies rich.

Even if stating the seemingly obvious, this article is a good read.

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  • [–] 32 points 6 months ago

    This article from the same author is also a great read:

    Marc Andreessen is a philosophical zombie

    and reinforces how out of touch these people are from reality due to their lack of intellectual curiosity and the cavalcade of equally vapid sycophants that surrounds them.

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  • [–] 43 points 6 months ago (1 child)

    LOL they haven't "forgotten", they just don't care.

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  • [–] 26 points 6 months ago

    They also never knew. They went from being tech nerds dyring a timewhere tech was very expensive and limited to venture capitallists. These were never "normal" people.

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  • [–] 16 points 6 months ago (1 child)

    The Juicero was one clear red flag of this

    https://en.wikipedia.org/wiki/Juicero

    I imagine that the article mentions it

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    [–] 11 points 6 months ago

    Technology exists to serve us, we do not exist to serve technology. That is what silicon valley has fundamentally forgotten, but at the same time, the general population hasn't exactly done itself any favors either...

    Silicon Valley effectively monetized fomo, instead of being afraid your attention might stray elsewhere they have convinced you not to pay attention to anything else for fear of missing out.

    When Twitter turned to shit EVERYONE should have fucking quit the same day, Facebook has its hooks so fucking deep in our lives that not having it is akin to not having a telephone number ...

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  • [–] 8 points 6 months ago (1 child)
  • [–] 7 points 6 months ago

    Interesting read

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  • [–] 7 points 6 months ago

    Its easy to forget things you don't give a fuck about

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  • [–] 5 points 6 months ago

    They never cared to begin with

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  • [–] 3 points 6 months ago

    Ads, right?

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  • 6 comments in c/LongformIndepth@lemmy.world view that post
    [–] 5 points 3 months ago (5 children)

    It has not forgotten, it just has another priority: making rich techno-fascist tech bros even richer.

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  • [–] [S] 1 point 3 months ago (4 children)

    the tricky part is that it is not even like real money - it is mostly a perceived worth

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  • [–] 2 points 3 months ago (2 children)

    It's real enough to let them borrow millions upon millions of real money against.

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  • [–] 1 point 3 months ago

    It's not about the cash they have in their pocket it's what they control. It's about power not dollars.

    Apart from buying immediate needs, holding wealth in cash is usually a bad idea.

    When Bezos got fed up that his cock rocked wasn't ready, he had no trouble liquidating several billion to push it over the finish line. So, yeah, it's "real enough" in that it's real when they want it to be.

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