*The End of the Silicon Valley Myth*
/The companies that define our digital lives have hit a wall.//
/
By Brian Merchant
/Updated on December 29, 2022, at 12:10 p.m./
The dramatic, multidimensional implosion of Meta; the nuclear train
wreck of Elon Musk’s Twitter; the momentous labor uprising against
Amazon—it wasn’t just an unusually disastrous year for America’s biggest
tech companies. It was a reckoning.
The tech giants that have shaped our lives, online and off, over the
course of the 21st century have at last hit a wall. Amazon, Alphabet,
Microsoft, Meta, and Apple all saw their valuations fall, sometimes
precipitously. Many slashed
<https://www.cnbc.com/2022/11/09/tech-layoffs-2022.html> their
workforces; at least 120,000
<https://www.npr.org/2022/11/14/1136659617/tech-layoffs-amazon-meta-twitter>
tech workers lost their jobs this year. The myth of the genius founder,
which insulated so many of these giants from so much criticism for so
long, was debunked before our eyes
<https://www.theatlantic.com/technology/archive/2022/09/elon-musk-texts-twitter-trial-jack-dorsey/671619/>.
[…]
Continua qui:
https://www.theatlantic.com/technology/archive/2022/12/big-tech-fall-twitter-meta-amazon/672598/
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