Part of it is going through the VC gauntlet, I believe. Let's face it, to get money from VCs, you need to abase yourself, to learn how to lie to them and to yourself, to focus only on the survival of your company and pretending that you're going to make lots of money, regardless of your original goals and ideals. If you're a bit of a techie, you have just entered a world of appearances, where [it feels like] pretending to be successful and knowing something more than others matters more than actually doing something. And being kicked out would mean losing funding, which means everything for which you've twisted yourself into something you were not.
I think that this strongly favors hivemind/mob thinking.
Let me give you a technical parallel. A couple of engineers/architects from Big Co. that's hugely successful leave and go to Hot Startup. There they proselytize their One True Way because honestly that's all they know. Everybody in Hot Startup goes along with it because they are Senior Engineers from Big Co. who are now plotting the course and Big Co. is HUGE so they know what they're talking about. Now because Hot Startup is suddenly using the One True Way everybody else in the market tries to copy them because that's obviously why Hot Startup is Hot. This leads to a job market where people optimize for things used by Hot Startup. This tilts the skill set of the general tech market towards the One True Way making it gospel to a lot of people. So hiring managers who don't know the first about anything suddenly start optimizing for One True techs and ask for 20 years experience with React. They think they're doing the safe thing by using the same tech stack used by everybody else - the industry standard. Never mind that the "industry standard" changes every time it's convenient.
This is the same thing for CEOs. Oh you're having a slightly down quarter and have to answer to investors? Say you're using AI. That's the in-thing and will give you that bump to ride out the quarter. You screwed up in 2021-22 and hired a fuckton of people who are just sitting on their hands costing the company money? Say AI and get rid of them because they're not productive. It's got nothing to do with collusion or anything like that. It's just that people have mismatched expectations and things happen downstream of these unmanaged expectations.
That lot of people literally cannot get hired anywhere but startups because everyone else isn't so naive
> things happen downstream of these unmanaged expectations
It sounds like a metric fuckton of people need to retire already if they can't set expectations despite being in the exact position where they should be able to talk to multiple audiences
None of these excuses appease the investors nor the heads-down employees. Shit will have to change sooner rather than later. Many factors will make it so. This is literally what a bubble is.
This doesn't match my experience talking with people outside of tech, and as such, the whole essay feels like a straw man. There definitely are some people who drank the kool-aid, but they seem like a minority? I don't live in the Bay Area though.
That said, every major technology wave has needed a similar level of push, hype, and momentum to reach mass adoption. The Internet existed for decades before the public knew what to do with it. AOL gave such a huge push with the “You’ve got mail”, endless free trial CDs and an almost manic push to bring it into homes for it to become the foundation of modern life. The same was true of personal computers: early machines like the Apple II or IBM PC were expensive, clunky, and had little practical software. But without the evangelism, marketing, and cultural hype that surrounded them, the entire ecosystem might never have matured. So while the AI frenzy can feel excessive, some level of over-excitement may be what turns the technology from niche tools into something broadly accessible and transformative — just as it did for the web and the PC before it.
Terr_•1h ago