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1 year agoI’d say to you all: get used to bombshells dropping! At some point the investor pyramid scheme will go crashing down. It might be now. All those companies were on borrowed time. Until investors realised that “data” isn’t valuable on its own - it’s what you make of it. There needs to be a product that generates revenue. Spoiler alert, it is hard to come up with a business plan that takes plain usage data and makes the technical challenges worthwhile to squeeze money from it. I can feel it myself as data scientist. The honeymoon’s over, investors want to see ROI.
I mean this cycle will probably recover in a few years when the markets recover but still - some lessons stick
I use FF to help keep the browser “market” competitive. We don’t want to end up in the same situation as early 2ks where html standardisation was essentially “internet explorer compatibility”, and if you wanted to use newer features as a web dev you had to put multiple implementations, one for IE, and one for the others, as in the browsers actually implementing the specifications correctly. Now MS didn’t exactly do nefarious things with their market power, it was rather neglect, but it damaged the industry nevertheless. For Google, in today’s market, I’d anticipate they would use it to make it very difficult to block ads etc. Internet will become less free.