Huge Tech went on a homicide spree in 2023. We noticed the top of many once-loved services and products, all swallowed up into the nice darkish pit of company consolidation. Few firms saved their knives sheathed, and if this 12 months taught us something, 2024 is prone to be simply as bloody.
This was a nasty 12 months to be a tech employee, and possibly simply as unhealthy to be tech itself. The good tech layoff spree continued on from 2022 as Silicon Valley tried to cut costs by tossing staff to the curb and killing any services or products deemed too extraneous. Because the trade’s newest fascination with synthetic intelligence turns into an outright obsession, one can count on we’ll discover much more shallow graves dug across the campuses of Google, Apple, TikTok, Microsoft, and Amazon.
This occurs yearly, however in 2023 we noticed greater than the same old quantity of fats trimming. Huge Tech didn’t simply homicide merchandise folks have been utilizing, it shuttered providers that individuals relied on. As streaming has continued to refute its preliminary promise by forcing ads on users who can’t pay a premium, quite a few providers comparable to Apple Music and Netflix have minimize off lower-cost subscription tiers.
If there have been a most needed board hanging up within the Silicon Valley sheriff’s workplace, then Google would have the largest bounty on its head. The Mountain View big has refocused its whole equipment on pushing AI merchandise, and meaning different initiatives gotta go. On the top of the list is Google Stadia, the corporate’s cloud gaming platform that took a full six months earlier than the coroner might file their full report. However that’s simply the tip of the iceberg.
We noticed the impacts that mega-mergers just like the multi-billion Warner Bros. Discovery had on user-end merchandise and content material. To not put too high quality some extent on it, everything got worse. Subsequent 12 months, we’ll begin to see the actual affect of the $69 billion Microsoft merger with Activision Blizzard. Regardless of exec’s assurances that everything will be just fine, we’ve a sense we’ll simply find yourself with fewer apps and fewer competitors, all whereas paying extra for degraded experiences.
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