disproportionate tech, over-valued co's, and avoiding the ecosystem trap (soon a void)

~tffb

Tech companies. This post will be about that. Click away if you like, but also, thank you for clicking to begin with :) They (tech co's/monopolies) are less than they were. But may appear more than they are (to some).

Take the Google/Reddit deal, for example: $50 mil. Big money. Google having exclusive rights over showing results with links to Reddit (other search engines can show them, too - w/o a link description) is a thing that Google would have paid double/triple for under a decade ago. I am sure it was proposed, Reddit likely told them to take a walk. Reddit needs money more these days, though. As do all tech co's. Facebook (RIP "Horizon Worlds" (or whatever), and RIP turning any/all services under the Meta umbrella into a fun-sounding monopoly (Metaverse)). Amazon skirts having a small profit come quarters end by paying their employees less. Apple is attempting a Hail Mary with Vision Pro, a quiet failure (for now, it will be silently shelved and (eventually) removed from their offerings, making the product an "official" failure). All of these things can be explored and discussed at-length, but the point is:

Tech companies are on a huge downturn.

A Billionaire Boys Club of: X amount of earnings/valuation in such and such quarter, X amount of advertising agencies and marketing firms flocking to that company. Then, the next quarter, Xb gets the ad goodies, because they turned a better quarter.

Now, TikTok laps it up. Advertising and marketing are going there now, and when THOSE dollars leave the room, they aren't ever cycled back to the FAANG co's.

Now, this is a good thing. Co's going "down" is always a thing I have appreciation for - or co's that have made it overwhelmingly clear that they abandoned moral and legal practices for profit. TikTok, idgaf. They have been, and will likely continue to profit from US (and elsewhere) sourced marketing/ad dollars. If/when a ban (of TikTok) goes through in its entirety in the US, then that is what that is. I have never used TikTok, and don't run ads, so...

Back to the point I am at here: ecosystems, of the big co's that are fledgling and shrinking (perhaps failing) are a thing to avoid. In fact, *any* ecosystem is wise to avoid (as I see it), as diversifying one's hardware/software stack gives me (or anyone) a leg-up on what to do about a failed service/product if and when those failures take place.

So I suppose that's all. That IS all because I am out of words :D

Coffee, Smudge, cigs, smoke and sunshine - may the breeze blow strong!