Daily Edition · Page 2

THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

SO LONG TO TECH'S DREAM JOB

The world of tech is changing: long-term employees are reporting a completely different work environment from what they experienced years ago. Pay and bonuses are declining, as well as other perks, like a relaxed atmosphere and occasional fun office activities like Nerf gun fights. Tech behemoths have aged into large bureaucracies. While many of them still provide free food and pay well, they have little compunction about cutting jobs, ordering mandatory office attendance, or clamping down on employee debate.

PARADIGM SHIFTS AND THE WINNER'S CURSE

The two most important companies of the last two decades of tech were Apple and Amazon, specifically AWS. Apple created the smartphone paradigm with the iPhone, and AWS' cloud platform enabled a universe of applications that ran everywhere. Microsoft and Nokia failed in the smartphone era because they both deluded themselves into thinking that their previous domination was an advantage. AI is a paradigm shift, just like mobile was. While the winners of the previous paradigm are not automatically fundamentally handicapped because of their previous successes, they need to be careful about making the wrong choices for years before it's too late.

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