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I'm Tired of Pretending Tech is Making the World Better
(www.joanwestenberg.com)
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this post was submitted on 04 Mar 2025
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Technology
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Tech tends to goes through stages:
A need or idea is created. Usually by a small independent entity.
A proof of concept is developed and starts to gain ground.
Investors pour money into the concept to an extreme degree. Tech grows in functionality, matures and develops into a useful tool.
The the investors demand a return on the investment and the money dries up.
Company either goes bankrupt or their product goes to shit.