Without Easy Money, All Sectors Face Hard Times.
I wont make fun of Mises, however, I would think, that the tech sector is no different that the others. Whatever the tech sector is spending it's money on, it most certainly is remaining secret. I'm hard pressed, thinking on, what new technological breakthroughs have surfaced that one my attribute to, the so called, big tech.
It seems as if big tech has only excelled at colluding with world governments and other interested organisations, with the sole purpose of spying on us, tracking us and keeping people under general surveillance. That being the case, one can not but welcome, the alleged state of malaise, being observed by some, that the false gods of tech have fallen upon.
What I've been witnessing, is that great strides in technology, are being made by individuals and teams of humans, especially in the many software projects being worked on around the globe and they are, all, thoroughly underfunded, yet seem to produce the most gain for good on any human, metric.
The big tech tyrannies have managed to stifle all innovation, from which they could have benefited, by running innovators underground killing all potential new breakthroughs, that hackers and tinkerers world wide discover. Many of these new techniques must remain secret, since these new pioneers do not wish to be prosecuted under the laws which would proclaim them pirates, copyright infringement criminals and even borderline corporate spies.
Humans are prohibited from dismantling, re-engineering or otherwise making modifications on products, which they own, by means of purchase, because, some originating corporation, can somehow convince judges and or juries, that these consumer actions, are somehow now illegal. When big tech's situation is put within this context, it is hard not to feel anything but contempt and derision towards them. Many of us will keep what we know to ourselves and make our modifications in secret and so it will remain until this burgeoning tyranny which is creeping its way towards every semblance of or natural daily existence falls. This post was inspired by this original article.