Most of it. But, the real problem is that even a lot of the few things about the internet and computer world where it's possible to make money (ex: a lot of the hardware companies are in better shape than the software companies) depends on the demand for their products being driven by the massive amounts of speculation elsewhere in the IT world.
It seems disturbingly plausible to me that we may see some massive disruptions to the internet in the next few years as the process of figuring out what parts of it are economically viable works itself out, and a lot of what currently seems viable may not survive the collapse of the speculative end of the internet.
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branchandroot
Re: Layoffs Just This Month
Date: 2022-11-09 02:05 pm (UTC)It seems disturbingly plausible to me that we may see some massive disruptions to the internet in the next few years as the process of figuring out what parts of it are economically viable works itself out, and a lot of what currently seems viable may not survive the collapse of the speculative end of the internet.