It’s wild to see so many tech companies clawing at themselves. I was watching Dan Olson and Adam Conover talking about tech hype, and a point that Olson made was how much the current internet was built foundationally on the incredibly low interest rates we’ve had. Now that interest rates are getting hiked, they are desperate to squeeze money out of the user bases they’ve attracted.
It’s wild to see so many tech companies clawing at themselves. I was watching Dan Olson and Adam Conover talking about tech hype, and a point that Olson made was how much the current internet was built foundationally on the incredibly low interest rates we’ve had. Now that interest rates are getting hiked, they are desperate to squeeze money out of the user bases they’ve attracted.