Siliconned
How the tech industry solves fake problems, hoards idle workers, and makes doomed bets with other people's money
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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 p...
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. Emmanuel Maggiori, PhD, is a software engineer, writer, and speaker. He's the author of the best-selling book Smart Until It's Dumb: Why artificial intelligence keeps making epic mistakes (and why the AI bubble will burst).
