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Re:Dropbox to reduce global workforce by about 16%, or 500 s... by rybosworld on Thursday April 27, 2023 @10:34AM (#35728765)
> we JUST finished having every company try to pivot to blockchain and NFT

I really don't think there are many existing companies that "pivoted" to blockchain and NFT. Certainly not a majority.

Re:Dropbox to reduce global workforce by about 16%, or 500 s... by soneca on Thursday April 27, 2023 @10:47AM (#35728965)
In case of NFT, I would round the number of companies that tried to pivot to it to zero.

Blockchain there were a lot of hiring and experiments for sure. Actually to try to pivot a company to it after these experiments, very little.

Re:Dropbox to reduce global workforce by about 16%, or 500 s... by palata on Thursday April 27, 2023 @10:59AM (#35729145)
"tried to pivot", that's very different. Maybe it should read "announcing that they would try to pivot", but you get the idea.

I have seen many companies announce that they would look into blockchain and NFT. Which is exactly what Dropbox is saying now for AI.

Re:Dropbox to reduce global workforce by about 16%, or 500 s... by ilyt on Thursday April 27, 2023 @11:08AM (#35729286)
"Dipped their feet" might've been better description.
Re:Dropbox to reduce global workforce by about 16%, or 500 s... by coldtea on Thursday April 27, 2023 @11:15AM (#35729388)
"Made some BS PR headlines, while not even having a clue how to do anything with those things, and surely not anything worth their customer's while" is an ever better description.
Re:Dropbox to reduce global workforce by about 16%, or 500 s... by Spivak on Thursday April 27, 2023 @11:03AM (#35729209)
Which shouldn't surprise anyone in an economic environment where the money fountain dried up. Every company is desperately chasing new revenue sources over growing their existing ones right now.
Re:Dropbox to reduce global workforce by about 16%, or 500 s... by nytesky on Thursday April 27, 2023 @11:36AM (#35729697)
Well Meta tried to make its own crypto currency on the block chain.

https://en.wikipedia.org/wiki/Diem_(digital_currency)

Re:Dropbox to reduce global workforce by about 16%, or 500 s... by kokanee on Thursday April 27, 2023 @11:59AM (#35730045)
And they pivoted from that to instagram NFTs, which also failed.

https://about.fb.com/news/2022/05/introducing-digital-collec...

Re:Dropbox to reduce global workforce by about 16%, or 500 s... by jonny_eh on Thursday April 27, 2023 @12:06PM (#35730187)