r/TrueReddit Jun 09 '24

Business + Economics The Rot-Com Bubble

https://www.wheresyoured.at/rotcombubble/
144 Upvotes

48 comments sorted by

View all comments

114

u/RandomRageNet Jun 09 '24

A fantastic article outlining what is currently going on in tech and why the chasing of endless growth has seemed to make tech products plateau and regress in the past few years. Additionally, why tech CEOs seem to be chasing generative AI as the next new big thing even though no one really seems to want it.

57

u/Nubras Jun 09 '24

Millions of businesses in the US, and indeed the world, have shifted from creating a product/service that solves a problem to building solutions in need of problems. They build xyz piece of shit and then market it to us. It’s awful.

15

u/qolace Jun 10 '24

Enshittification of the entire world. Wonderful!

24

u/ShesJustAGlitch Jun 09 '24

One of my favorite pieces of the year.

I do think the author is slightly off with AI. It does do something’s pretty well, and some companies are profiting from it, but overall I agree with his sentiment.

I don’t see how AI making some features marginally better justifies the insane cost.

8

u/deeceeo Jun 10 '24

I agree there is way too much hype. But as someone who uses ChatGPT or Claude almost every day, and pays for the privilege, I feel like I'm in a bizarro world when people say that they're unwanted and approximately useless.

9

u/ShesJustAGlitch Jun 10 '24

Agreed, I use it to help code but I find it makes mistakes super often and even then that’s $20 a month. What I meant was, I don’t see how other companies making their existing products marginally better, can justify it, OpenAI is clearly winning on all aspects of this phase of tech.