Isn’t problem solving mostly put things together of what you’ve learned before?
Isn’t problem solving mostly put things together of what you’ve learned before?
I’ll revise my opinion when Valve changes to a more overtly predatory model of capitalism
I believe as long they’re not publicly traded )and Gabe is in charge), that’s not a concern.
Being public (or owned by a publicly traded company) tend to bring out these nasty traits. It’s more about finding ways to bring value to shareholders than the customers.
For each steam power there are thousands of similar inventions that never see the light of practical use cases. We just remember those that had significant breakthroughs.
That doesn’t mean cryptocurrencies is like steam power.
The picture only shows one hype cycle. AI has been through multiple hype cycles. Same will happen with quantum computers, once a new major breakthrough is reached.
Quantum computers have already had its hype, so plateau of productivity. It’s just that the plateau is really low.
What’s happening is that support from VC money is drying up. Tech companies have for a long time survived on the promise that they will eventually be much more profitable in the future. It doesn’t matter if it’s not profitable today. They will be in the future.
Now we’re in a period where there’s more pressure on tech companies to be profitable today. That’s why they’re going for such anti consumer behaviors. They want to make more with less.
I’m not sure if there’s a bubble bursting. It could just be a plateau.