• The_v@lemmy.world
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    16 hours ago

    Tech tends to goes through stages:

    A need or idea is created. Usually by a small independent entity.

    A proof of concept is developed and starts to gain ground.

    Investors pour money into the concept to an extreme degree. Tech grows in functionality, matures and develops into a useful tool.

    The the investors demand a return on the investment and the money dries up.

    Company either goes bankrupt or their product goes to shit.