Re:Thousands of subreddits pledge to go dark after the Reddi...
by TX81Z on Sunday June 11, 2023 @01:10PM
(#36283245)
They are also insulated from a) the impact of their decisions, and b) actively refuse to hear anything that goes against the narrative that their riches could have possibly come from unethical behavior.
I went from high prestige academic position to a high level at Big Tech where I was regularly interacting at the Director level and holy shit the step down in intelligence was jarring. Literally went from having coworkers with Turing awards to trying to convince incredibly wealthy, and incredibly stupid, people to not break the law on an industrial scale.
And likewise the degree to which these people think of their wealth is evidence is their moral judgment, intelligence, and work ethic is so out of whack with reality I was just floored. We’re talking some real fucking idiots pulling $1-2M year.
The problem with Tech is that they are the primary beneficial of hyper growth with zero interest rate era and Smartphone revolution. In the space of 10+ years tech have grown from an unthinkable Trillion dollar market cap to now we have a single company with close to 3 trillion, two other company with close to 2 trillion and other rushing to trillion dollar club. And this is unlike previous bubble they have actual profits and cash backing for their market valuation.
People working in tech, especially within BigTech are not only partly dictating the world and media's attention, they are also so out of touch they became aristocracy in the old era.