What I find interesting is that I’m starting to hear this same story (in different words) from very different sources.
Lefty bloggers are saying, *“The hype economy is over, and vaporware companies used to never delivering are suddenly gasping for air in an economy that requires them to actually provide value.” *And at the same time, mainstream financial podcasts are reporting that “Outlooks for 2023 anticipate a hostile market environment for disruptive innovators as they attempt to leverage their brands to monetize large user bases with low profitability. Meanwhile, the market is being buoyed by legacy firms with reliable cashflow from existing sales and services.”
It shocked me when I noticed how different people are seeing the same thing, and it seems overdue.