Ed Zitron calls this “the #RotEconomy”:
“I believe we're at the end of the Rot-Com boom — the tech industry's #HyperGrowth cycle where there were so many lands to conquer, so many new ways to pile money into so many new, innovative ideas that it felt like every tech company could experience perpetual growth simply by throwing money at the problem.
“It explains why so many tech products — YouTube, Google Search, Facebook, and so on — feel like they’ve got tangibly worse. There’s no incentive to improve the things you’ve already built when you’re perpetually working on the next big thing.”
https://www.wheresyoured.at/rotcombubble/
#RotComBubble #GrowthAtAllCosts #Capitalism #TheMoneyIsInAllTheWrongPlaces
The Rot-Com Bubble
If you enjoy this post, why not subscribe to my podcast Better Offline? This week's a two part deep dive into the Rot-Com Bubble. The noxious growth-at-all-costs mindset of the Rot Economy sits at the core of every issue that I've ever written about. It’s the force that drives

