Technology

don't think they're mature. I think they're just monopolized to the point where they don't need to innovate at all.

That’s exactly what I meant by “network effects and lock in.” You don’t achieve this without your business maturing, though I am not sure what you think of when you hear that word.

any company that gets this big now has the purchasing power to eliminate competition further cornering the talent pool and the tech market

This is what’s been going on for years already. Google used to hire people they didn’t even know what to do with simply because they could and would hinder comoetition. It’s hell trying to hire as a tier 2 company or small startup only to see everyone get offers for 3x from Google or Meta.

Their clear anti-staff sentiments now signal that this mad rush to acquire talent probably won’t continue as it’s been.

If demand from huge companies like Google and Meta slackens, that could lead to smaller companies offering less, but there’s a huge gap between the two right now. We’re taking about Meta outbidding by 2x going forward instead of 3x.

Not sure how to see this as anything but negative.

I’m getting that. And most people on here just think everything around tech is negative, negative, negative. Most who think this are on the outside looking in. I’ve been on the inside for 20 years, competing for hires with the likes of Meta and Google, and I think there might be at least one bright spot in their insane hiring slackening a bit.