assdaa

These backward looking analogies are tiresome.

Whether you like it or not - technology causes compression of life cycles. You have a hit product? Great - I expect you to have crazy high growth rate. That’s the expectation of a world that is so deeply interconnected.

I know I’m right as I’m doing the very thing stated - taking 4 related businesses and consolidating - leaving behind many mortally wounded/dead.

You either get it or you don’t - not my problem.

Less junior hiring is a reflection of a) the maturity of the software business b) current expectations of the future

I have no doubt startups in particular are able to get away with using LLMs to produce sloppy code and ship. But this trend was on-going and sped up due to the infiltration of LLMs and marketing.

You do realise markets are highly imperfect in reality? That nonsense in econ books is fantasy.

Neither.

How many more software projects are there really left that make economic sense? Zuck learned the hard way re. metaverse.

Not many - the set that make ECONOMIC sense is finite. Even though many want to believe its infinite because all of a sudden everyone can vibe code an app cringe.

If anything AI is going to cause an insane amount of consolidation - what used to be across 3 diff apps, that can be consolidated will be done -> many businesses will die. It will be painful.

Google was attacked by an activist investor pre LLM hype for being bloated - they promptly laid people off. Many software firms have been allowed to bloat up do to the nature of the business.

Its always about economics.

Who taught you economics?