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this post was submitted on 24 Nov 2023
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Honestly, this is just big tech all over. I don't think there are many people that work at FAANG companies any more that feel things are better than they were even 3-4 years ago. They are no longer idealised, and CEO's have decided to take company failures out on employees instead of their inability to target long-term success. I've friends at Amazon, Google, and Apple - all say that their "culture" is basically dead.
IMO, we've reached a point where all of the big names in tech are now out of ideas. None of them have innovated in recent years, outside of (maybe) AI, and the culture of supporting moonshot ideas (where someone can work on something new/exciting and not be personally liable if it doesn't work out) is now dead with layoffs in these divisions. The only incentive that big tech has any more is pay, and with no long-term stability and pay decreasing over time, I think we'll see a shift away from FAANG and towards the new breed of tech. FAANG will become the IBM and Oracle's of tech, and things will move on.
They aren't even out if ideas, it's management which demands safe ideas only with huge returns, so they block common sense shit because it doesn't boost the quarterly results
That's a symptom of capitalism as a whole.
The whole perpetual growth, and being legally bound to try to provide that to shareholders, means only "safe" ideas are given any traction.
The only time any "innovative" comes out is when billionaires have a pipe dream.
However, they lack the skills or expertise (or even common sense) to execute them.
Musk had ideas, bought his way into leadership, and essentially had to be corralled by handlers while other people did the actual hard work.
Then, at the platform formally known as Twitter, with no handlers... Well, the world has seen how an unleashed Musk handles that. Spoiler: not well.