Post #4335670
2026-08-01 15:30 UTC
Zero Interest Rates Policy from 2008-2022 and lack of antitrust enforcement in the USA lead to two things: incumbent software companies got bigger because they could borrow so much money and buy or crush their competition, and small software companies did not have to make profits now because investors tossed in more money and hoped they would make big profits one day. That world is dead but the industry has not adapted.
Replies (1)
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@YourNetworkIsHaunted@awful.systems 2026-08-02 19:51
I think corporate consolidation is a huge part of it, but I think a lot of software and tech falls into the same trap that a lot of infrastructure projects do: even if everyone uses it, nobody wants to think about it. That general apathy (until it fails catastrophically in a bridge collapse or a major service outage) limits the avenues for feedback on whether software is actually good or not in the same way that people don’t have a lot of feedback on whether a water main is being routed in a reasonable way. It also creates room for grifters who specialize in obfuscating exactly what you’re paying for.