33 points•104 comments•4h ago•by dsego•sevarg.net ↗

Why do people hate the tech industry? (2023)

An outside observer argues that public dislike of the tech industry has grown due to perceived startup fraud and overhyped promises, citing high-profile cases like Elizabeth Holmes and the crypto collapse as examples. The piece contends that venture-capital funded, growth-at-all-costs models and attention-driven monetization have contributed to consumer frustration when products fail to deliver expected value. It also notes that most people outside tech bubbles pay little attention to these dramas, and that cloud computing has not clearly saved money for the average user.

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