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Crypto is in crisis, Meta is crashing, Elizabeth Holmes is going to prison, and Elon Musk is doing all he can to destroy the reputation he spent decades building.

The tech industry is at a turning point, but where will it go next and how do we prepare for its next act?

📬 Read my newsletter: https://buttondown.email/techwontsaveus/archive/a-turning-point-for-the-tech-industry

#tech #future #economy #siliconvalley #elonmusk
The higher order system here isn't technology; it's capitalism. That's what will shape what comes next, unless we overturn it — a prospect I sadly don't see on the horizon anytime soon. That means we need to reject a desire to give into fantasy, and pay close attention to where venture capitalists and major tech firms allocate capital in the months to come: What are they betting the future will be, and how are their PR people going to try to sell it to us?