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I think that it's is a new model for startups:

Disrupt, grow quickly, wait until government start noticing, and liquidate everything before government and the competition start to adapt.

It's also about the trend/new product effect. People start to use it massively, then realize it's actually a bad idea or it becomes too expensive or because they never realized how expensive it is, and that's also where there is a loss of users.

Result? You have all those workers who have to do something else now, the competition's business is damaged and users want the benefits of the disruptive tech but it's not possible. It's a subtle cash grab by exploiting something that no law prevented.

All in all, that describes perfectly the ineffectiveness of short term capitalism. Unless a system is properly regulated, I doubt that the silicon valley can really pretend it's "changing the world". The DARPA and chip designers did. The rest is unsupervised chaos with cool toy fantasies.




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