this post was submitted on 11 Sep 2023
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[–] [email protected] 84 points 1 year ago* (last edited 1 year ago) (4 children)

The past decade of the tech industry has felt very snakeoil-y.

INB4 "It always has been."

[–] [email protected] 41 points 1 year ago* (last edited 1 year ago)

If you’re good at building hype and have some connections, you can attract all sorts of investors hoping to get in on the ground floor of the next big thing.

Dan Olsen’s NFT video from a year ago summed it up well, I think (link). People with money to invest today want to repeat the insane growth in wealth brought about by computers, the internet, social media, etc. So they will basically gamble on any new ideas that have an air of plausibility to kick off the next boom.

[–] [email protected] 27 points 1 year ago (1 children)

What's sad is there are plenty of actual problems out there that could be solved with software. Most of the time they're not that 'sexy' and management is so blinded by greed that they throw away all the good opportunities.

[–] [email protected] 1 points 8 months ago

Do you have any examples of problems currently lacking a (plausible) software solution?

[–] [email protected] 26 points 1 year ago (1 children)

I think it started with registry cleaners.

[–] [email protected] 20 points 1 year ago (1 children)

Those weren't really pushed as a get-rich-quick scheme, which a lot of the hustle seems to be currently.

[–] [email protected] 13 points 1 year ago

Oh, you’re thinking of crypto to junk. Nah, Fudge That.

[–] [email protected] 5 points 1 year ago (1 children)

Just say blockchain or AI and you've got the base of a startup these days

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

Blockchain is gone, just like "space age", "plastics", "environmentally friendly", "digital", "computer controlled". Every startup is including "AI" and "sustainable" in their pitch this year.