I've looked at several data points and statistics for the past like two decades, and the problem is not that technology is not advancing, or that it is somehow getting worse. No, in fact, it's slowly progressing at a snail's pace but it's definitely advancing. The problem though is that leaders in tech are squandering the opportunities available to them, and hindering those that once made technology great.
The biggest threat is definitely outsourcing. You have an entire country of 50 huge ass states. What do you do with that, exactly? You strip the jobs from those states and transfer them to another country overseas, Philippines, Malaysia Thailand, India probably gets the most of them. Any way to cheapen the product that you're providing in the USA, while simultaneously stealing from those who live in the USA by removing their jobs from them. Long-term, this is not sustainable. Because if you look at layoffs and job shrinkage in the USA and where jobs are actually going, they are not meaningful places. Jobs are being created in lower paying industries, outsourced from higher paying industry is, and the highest paying industries like managerial positions, are not moving at all. It's embarrassing to say the least.
People think that they are doing a good thing by raising the stock price and jacking it up as high as they can go. Sure, your investments are increasing slowly over time. But the pool of investors becomes smaller because less people can afford to invest, and now you don't have an educated group of investors, you have a smaller and smaller list of elites that keeps growing, and isn't wholly owned by everyone in society because the majority of stock owners for big companies are the rich. People who can throw any amount of money they want into a company. So you don't have good decision making for tech companies.
Bad decision making is what we have come to today, big companies making horrible decisions because they are poorly led by elites who don't know what they're doing. Just look at Microsoft if you need any example of this, which of their products is actually well built today? Every one of them functions like crap, their gaming division is collapsing, computers are moving towards copilot which is the worst AI model and platform I have ever seen in my life which is crazy because they I just came out and they are already the worst. But still, they are ruining computing with that, windows 11 is terrible in every single way I can imagine. It is bad decision making every single step of the way.
Then, we have the collapse of industry, the final stage which we are approaching soon. As you can see, big tech in the USA has started to fold in on itself in a way that has never happened before. Microsoft bought out Activision Blizzard and is basically for all intents and purposes, now a monopoly in the tech industry for gaming. Activision Blizzard barely has any competitors, other than maybe EA games which owns so many different smaller gaming companies that it has swallowed up and basically deleted to own the IP for. So tech industry is basically collapsing in on itself, we haven't seen the worst of it yet but soon, there will be very few tech companies left, only big ones, no choices available and if you want to play games or enjoy any sort of technology you'll have very few options.
Bonus: alternative market is growing rapidly which is really concerning. The alternative market is what I call Amazon's scam products. They don't have any logical name to them, each of them has a different name entirely, they're mostly just Chinese gibberish, but you can find watches, tablets, any sort of technology on there, there is an off-brand made in Asia or elsewhere cheaply, that has no reviews other than bot generated reviews to make it seem like a real product, and these are not actually tested for anything, I would assume. Not tested for safety, not tested for dangerous materials chemicals or any of that. This is a symptom of widespread poverty, especially among the middle class. People simply can't afford to buy name brand products anymore. It's not possible to buy a Samsung or Apple watch every 2 years, so what do they do? Go on Amazon and find 'Ufolgewits' brand.
