Dropbox to cut 11% of its global workforce

Re:Dropbox to cut 11% of its global workforce by pjc50 on Wednesday January 13, 2021 @11:06AM (#25763842)

Historically there has been an argument in economics over whether markets necessarily tend towards consolidation, and I'm inclined to agree with Stiglitz that they do: https://www.weforum.org/agenda/2016/05/joseph-stiglitz-are-m...

Especially in markets with strong network effects. Barring government action, operating systems / platforms will necessarily either directly subsume their most profitable applications, or capture all the market "rent" from them.

Ultimately "network shared storage" is a feature rather than a product. For much of their history they were value-added resellers of AWS.

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Re:Dropbox to cut 11% of its global workforce by brundolf on Wednesday January 13, 2021 @11:26AM (#25764184)

I agree completely. I think history (at least, the past 150 years) has shown this clearly. I've come to see an economy of corporations as a stew that tends to "clump up" and needs to be periodically "stirred" as part of the natural course of its development.

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Re:Dropbox to cut 11% of its global workforce by busterarm on Wednesday January 13, 2021 @12:21PM (#25765110)

It's cyclic between consolidation and new investments.

We're just ramping up into the consolidation period now.

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