Unless there is another XEROX PARC (Palo Alto Research Center) moment, we will not see any boom in tech for the next decade or so. I know this sounds pessimistic, but before you get your arrows out, know that I am a programmer who has never worked in big tech, so this issue affects me greatly also. While big tech companies, and many small tech companies following in a copycat manner, are posturing to investors by firing employees, which is a very bad sign for future growth, all this posturing will not result in a resurgence of tech because there is a problem at the roots, of which consequences we are observing now. So what is the deep problem at the roots causing the current destruction of value in the tech market, ignoring the temporary green we see from time to time that pops up in the stock? It is an excessive focus on value extraction and very little given to wild creative exploration. Sometimes too much structure can lead to restriction, tech companies mostly the big guys some
Musings on Knowledge, Technology, Life, Intelligence (Natural/Synthetic (Artificial)) and the future of humanity.