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Siliconned
How the Tech Industry Solves Fake Problems, Hoards Idle Workers, and Makes Doomed Bets with Other People's Money
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Ariel Paredes
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A start-up wastes a billion dollars making videos nobody wants to watch. A city rushes to build landing pads for flightless air taxi prototypes. Tech giants hire thousands of techies for fake projects to stop them working for rivals.
The tech industry has a tendency to go crazy. In Siliconned, industry insider Emmanuel Maggiori decodes tech’s hysteria and explains why we all pay the price for it.
You’ll discover:
- How tech investment became a blind hunt for pipe dreams, unicorns, and explosive growth;
- How shady incentives reward tech investors for burning cash;
- How governments and central banks pour fuel on the fire;
- How tech companies squander talent, and how well-intentioned fads like Agile and Lean help cover it up.
From low interest rates to gigantic bubbles, Siliconned turns the tech industry upside down and suggests how to fix it.
©2024 Emmanuel Maggiori (P)2024 Emmanuel Maggiori