Miguel de Icaza ᯅ🍉Feb 27

What happened at Block will likely happen everywhere else - companies now find themselves with an overstock of talent, and they are not structurally ready to absorb additional capacity.

People will achieve more with less - but this also opens the doors to building entire new businesses.

Show threadRichard Bown
@Migueldeicaza yep, but businesses pedalling what exactly? We've kind of proven that software is now so malleable that even entering software as a business model is itself a greater risk than it ever was, because any investment is fraught with the risk of it becoming immediately obsolete.
Feb 27 at 7:57pmWeb
Show threadRichard BownFeb 27
@Migueldeicaza the loss of SaaS vendors and intermediate software companies of any sort means essentially any business can become its own systems provider. Costs should go down, walls will go up, business silos form. It's the start of a whole new business concept the like of which hasn't been seen since the first business systems in the 50s or 60s.