So much of the world’s productivity is stuck in Big Fat Tech.
What would otherwise be great talent elsewhere is suckered into cyclic promotion-packaging assembly lines.
The layoffs, while unfortunate in the near term to those without safety nets, bring a much needed wave of innovation.
With some inefficiencies, the dispersion of talent goes into more interesting, less optimized corners of the world.
The world benefits when the bubble pops, it’s the catalyst that gives way to another tech renaissance.