this post was submitted on 02 Mar 2024
432 points (97.6% liked)
Technology
59197 readers
2517 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I get what you're saying, but IBM is not a poster child for what Google or anyone else should be doing. IBM has been an also ran for a very long time; huge in size and very profitable with occasional innovations but a fraction of what it was when it was in its heyday.
IBM stayed at the forefront for so long because the barriers of entry into the computer sector were too high. But in terms of innovation Microsoft demolished IBM, and Google demolished Microsoft. Now Google is just another big incumbent, very profitable but unable to innovate like it used to and instead beholden to shareholders short-termism just like Microsoft and IBM.
The bigger problem is these companies could stifle innovation through sheer scale and market clout, perhaps to a detrimental degree in the US in particular going forward. They try and mop up all the talent and then put them to work in dull areas. For example Google is largely just an advertising company that dabbles in other things now.