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  3. This is a very interesting perspective on the tech collapse.

This is a very interesting perspective on the tech collapse.

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  • twipped@twipped.socialT This user is from outside of this forum
    twipped@twipped.socialT This user is from outside of this forum
    twipped@twipped.social
    wrote last edited by
    #1

    This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

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    > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

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    amsomniac@mastodon.mit.eduA urlyman@mastodon.socialU jiub@not.an.evilcyberhacker.netJ af@dataare.coolA meltedcheese@c.imM 11 Replies Last reply
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    • twipped@twipped.socialT twipped@twipped.social

      This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

      Link Preview Image
      > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

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      (news.ycombinator.com)

      amsomniac@mastodon.mit.eduA This user is from outside of this forum
      amsomniac@mastodon.mit.eduA This user is from outside of this forum
      amsomniac@mastodon.mit.edu
      wrote last edited by
      #2

      @twipped we could still use word processors and spreadsheets

      clew@ecoevo.socialC 1 Reply Last reply
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      • twipped@twipped.socialT twipped@twipped.social

        This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

        Link Preview Image
        > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

        favicon

        (news.ycombinator.com)

        urlyman@mastodon.socialU This user is from outside of this forum
        urlyman@mastodon.socialU This user is from outside of this forum
        urlyman@mastodon.social
        wrote last edited by
        #3

        @twipped a usefully wider lens – thank you – on kinda the same thing narrated by @pluralistic in Dec 2025

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        Pluralistic: The Reverse-Centaur’s Guide to Criticizing AI (05 Dec 2025) – Pluralistic: Daily links from Cory Doctorow

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        (pluralistic.net)

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        • twipped@twipped.socialT twipped@twipped.social

          This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

          Link Preview Image
          > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

          favicon

          (news.ycombinator.com)

          jiub@not.an.evilcyberhacker.netJ This user is from outside of this forum
          jiub@not.an.evilcyberhacker.netJ This user is from outside of this forum
          jiub@not.an.evilcyberhacker.net
          wrote last edited by
          #4

          @twipped@twipped.social i think there's a lot of truth to this tbh

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          • twipped@twipped.socialT twipped@twipped.social

            This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

            Link Preview Image
            > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

            favicon

            (news.ycombinator.com)

            af@dataare.coolA This user is from outside of this forum
            af@dataare.coolA This user is from outside of this forum
            af@dataare.cool
            wrote last edited by
            #5

            @twipped @darkphoenix I love this take, and I would add the market side of the equation that all of these companies (Apple, Microsoft, Amazon, Google, Meta) are all classed as growth stocks and they have nowhere logical to grow.

            So they try to make them. Meta went on its own for VR. Apple is largely sitting out AI.

            They’re simply blue chip companies now waiting to be disrupted, spending their owners cash buying the potential disrupters before they can be disrupted.

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            • twipped@twipped.socialT twipped@twipped.social

              This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

              Link Preview Image
              > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

              favicon

              (news.ycombinator.com)

              meltedcheese@c.imM This user is from outside of this forum
              meltedcheese@c.imM This user is from outside of this forum
              meltedcheese@c.im
              wrote last edited by
              #6

              @twipped It is not hard to find problems that need solving, solutions with real value. That’s not as easy as following the gravy hype train. Potemkin village tech. Vibeware = Vaporware, rebranded.

              sistawendy@toot.catS 1 Reply Last reply
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              • meltedcheese@c.imM meltedcheese@c.im

                @twipped It is not hard to find problems that need solving, solutions with real value. That’s not as easy as following the gravy hype train. Potemkin village tech. Vibeware = Vaporware, rebranded.

                sistawendy@toot.catS This user is from outside of this forum
                sistawendy@toot.catS This user is from outside of this forum
                sistawendy@toot.cat
                wrote last edited by
                #7

                @meltedcheese @twipped There’s so much crushing drudgery that could be automated, but the tech industry isn’t trying hard because exploiting poor people is so much cheaper.

                meltedcheese@c.imM clew@ecoevo.socialC 2 Replies Last reply
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                • sistawendy@toot.catS sistawendy@toot.cat

                  @meltedcheese @twipped There’s so much crushing drudgery that could be automated, but the tech industry isn’t trying hard because exploiting poor people is so much cheaper.

                  meltedcheese@c.imM This user is from outside of this forum
                  meltedcheese@c.imM This user is from outside of this forum
                  meltedcheese@c.im
                  wrote last edited by
                  #8

                  @SistaWendy @twipped That’s a very important fact. It’s why clothing manufacturer in is outsourced to impoverished 3rd world countries. Automation is too expensive. Workers in developed nations are too expensive.

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                  • twipped@twipped.socialT twipped@twipped.social

                    This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

                    Link Preview Image
                    > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

                    favicon

                    (news.ycombinator.com)

                    wordshaper@weatherishappening.networkW This user is from outside of this forum
                    wordshaper@weatherishappening.networkW This user is from outside of this forum
                    wordshaper@weatherishappening.network
                    wrote last edited by
                    #9

                    @twipped This seems pretty dead-on. The tech industry as a whole has hit the top of the S-curve -- the new area of the economy opened up by computers has been filled. Which is fine, and we're seeing the effects of an industry switching from growth to maintenance while everyone at the upper echelons has only ever experienced growth and has their whole self-image (and score, can't ever forget the score) wrapped up in things growing forever.

                    I suspect this also is driving the SpaceX interest.

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                    • sistawendy@toot.catS sistawendy@toot.cat

                      @meltedcheese @twipped There’s so much crushing drudgery that could be automated, but the tech industry isn’t trying hard because exploiting poor people is so much cheaper.

                      clew@ecoevo.socialC This user is from outside of this forum
                      clew@ecoevo.socialC This user is from outside of this forum
                      clew@ecoevo.social
                      wrote last edited by
                      #10

                      thinking out loud — on top of Silicon Valley only chasing the rich fragment of the economy, is a lot of the remaining drudgery physical enough that it’s a robotics problem as much as a software problem?

                      I have met an experimental weeding robot out in a field and, while the computer vision was reportedly cutting edge, I had the impression that grit and clods were unexpectedly difficult. 80-20 is great stuff but it’s also mostly made of crevices.

                      @SistaWendy @meltedcheese @twipped

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                      • amsomniac@mastodon.mit.eduA amsomniac@mastodon.mit.edu

                        @twipped we could still use word processors and spreadsheets

                        clew@ecoevo.socialC This user is from outside of this forum
                        clew@ecoevo.socialC This user is from outside of this forum
                        clew@ecoevo.social
                        wrote last edited by
                        #11

                        and databases and something that helps users gracefully transition between them

                        we’re going to keep getting the first 80% (of four-five 80%s) of the same idea for a while though

                        we’ll, software has capsid analogues, maybe we can incremental our way there.

                        @amsomniac @twipped

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                        • twipped@twipped.socialT twipped@twipped.social

                          This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

                          Link Preview Image
                          > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

                          favicon

                          (news.ycombinator.com)

                          gimmechocolate@bark.lgbtG This user is from outside of this forum
                          gimmechocolate@bark.lgbtG This user is from outside of this forum
                          gimmechocolate@bark.lgbt
                          wrote last edited by
                          #12

                          @twipped
                          Yeah, prolly has a lot to do with the 2025 rise of FOSS too!! a small community might not be able to keep up with a 10k programmer department of microsoft, but their product has been in a finished state since windows 7, and they are just looking for something to justify more releases. Foss is slowly getting really close to also finished, while tech companies are throwing AI and subscriptions into everything, because otherwise people will just stop upgrading, because why would they?

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                          • twipped@twipped.socialT twipped@twipped.social

                            This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

                            Link Preview Image
                            > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

                            favicon

                            (news.ycombinator.com)

                            misterstormwing@jorts.horseM This user is from outside of this forum
                            misterstormwing@jorts.horseM This user is from outside of this forum
                            misterstormwing@jorts.horse
                            wrote last edited by
                            #13

                            @twipped Silicon Valley is out of ideas, so they are building atrocious bullshit to make line go up. Turns out, there cannot be an infinite money machine, even if it seemed like one for a short while.

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                            • twipped@twipped.socialT twipped@twipped.social

                              This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

                              Link Preview Image
                              > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

                              favicon

                              (news.ycombinator.com)

                              antimu0n@furry.engineerA This user is from outside of this forum
                              antimu0n@furry.engineerA This user is from outside of this forum
                              antimu0n@furry.engineer
                              wrote last edited by
                              #14

                              @twipped ...and there still isn't, not even experimental. For the first time since the dawn of the industrial revolution, there's nothing new to sell, not even experimental. "AI" is global capitalism's final stand.

                              They're terrified of the moment people figure out that both hardware and software have been "good enough" for most everyday tasks for at least a decade, and new computers are getting faster, but not better.

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                              • twipped@twipped.socialT twipped@twipped.social

                                This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

                                Link Preview Image
                                > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

                                favicon

                                (news.ycombinator.com)

                                brib@bribstodon.xyzB This user is from outside of this forum
                                brib@bribstodon.xyzB This user is from outside of this forum
                                brib@bribstodon.xyz
                                wrote last edited by
                                #15

                                @twipped Yeah I've been suspecting that for a while as a software dev. Feels like the higher-ups don't quite know what software we actually need and this feeling gets passed down to me, who needs to figure out how to build it anyway.

                                However in the process of the jobhunt I keep finding new and exciting bugs in clunky job application form software and think "if only there was someone willing and able to fix this in return for a modest wage! oh well, back to filling out these janky application forms i guess".

                                Therefore I think there is real work to be done in fixing software jank. But making the user experience slightly better (and for the unemployed, no less!) doesn't bring in the kind of big bucks new products supposedly do. as a result we get existing software becoming jankier and weird tech trends. and sometimes the latter causes the former!

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                                • twipped@twipped.socialT twipped@twipped.social

                                  This is a very interesting perspective on the tech collapse. Yes, high interest rates and the loss of tax writeoffs for R&D have contributed a lot, but the biggest abandon may just be because there's not a large need. Thats why tech pivoted so hard into trying to find applications for LLMs and machine learning, there wasn't anything else to show growth in.

                                  Link Preview Image
                                  > Over hiring is one thing.. but that wouldnt be a problem if there was an endle... | Hacker News

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                                  (news.ycombinator.com)

                                  heymarkreeves@mstdn.socialH This user is from outside of this forum
                                  heymarkreeves@mstdn.socialH This user is from outside of this forum
                                  heymarkreeves@mstdn.social
                                  wrote last edited by
                                  #16

                                  @twipped

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