Technology

34815 readers

229 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.

Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.

Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago

MODERATORS

[email protected]

How China has ‘throttled’ its private sector (www.ft.com)

submitted 1 month ago by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

"Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation"

Posted in technology as most of the funded companies are into technology. The most shocking piece is arguably the number of funded company pear year with a clear peak in 2018 which is 50x (!) more than last year, 2023.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 1 month ago (1 children)

I... agree but isn't then contradicting your previous point that innovation will come from large companies if they only try to secure monopolies rather than genuinely innovate? I don't understand from that perspective who is left to innovate if it's neither research (focusing on publishing, even though having the actual novel insight and verifying that it does work), not the large companies... and startups don't get the funding either. Sorry if you mentioned it but I'm now confused as what is left.

[–] [email protected] 1 points 1 month ago

I... agree but isn't then contradicting your previous point that innovation will come from large companies if they only try to secure monopolies rather than genuinely innovate?

Nope.

I don't understand from that perspective who is left to innovate if it's neither research

Who said there's no more research?

not the large companies... and startups don't get the funding either.

Both are, on average, just doing boring work minorly translating research in the hope to become more monopolistic, just at different levels of the good chain. The former eats the latter.