this post was submitted on 09 Feb 2024
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I'd recommend watching this
https://youtu.be/-653Z1val8s
Got a TL;DW? Shits over an hour long fam
There's a hype cycle that companies like MS ride to bolster stocks, during the hype they over hire to give investors the impression that they are doing really well, when the hype starts to fall, they use layoffs to inch out a bit more, because it shows investors that they're slimming down now that the hype is falling off. One of the interesting things he mentioned is that the hype is more important than the product, the product is just there to increase the hype and justify the hiring, showing investors that something great is on the way.
Here is an alternative Piped link(s):
https://piped.video/-653Z1val8s
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source; check me out at GitHub.