Big Tech Sees Tough Times Ahead
An article by the same title showed up on my LinkedIn. I will be replaying it line by line and responding below
Big Tech firms, long considered growth machines for the past decade, are suffering a sudden slowdown, sending a worrying signal about the wider economy.
No shit. That's what I've been blogging about this whole time. The physical economy is fine, the artificial economy just over-leveraged their technical debt for “competitive advantages”. Continue reading.
This week alone, Amazon shares sank after the company gave a disappointing fourth-quarter forecast,
Businesses are discovering AWS to be more expensive than alternatives, down to and including homelabs.
Google reported a 27% drop in quarterly profit,
They've been irrelevant to me for so long I cannot accurately comment as to why.
Meta saw its stock plunge more than 20% after revenue dropped for a second quarter,
Haters gonna hate, but lovers will often sneak away to environments that weren't designed by psychological abusers.
and Microsoft — parent company of LinkedIn — predicted slowing growth for at least the next three months.
Someone up there finally started reading my blog to accurately forecast.
Apple on Thursday reported quarterly earnings that beat Wall Street's forecast, but sales in core areas, such as iPhones and services, came in below expectations.
A sign that like Netflix, they may be hitting saturation of rich people on planet earth.