That's intriguing, how would that work? Can we move this to email (you can reply to any of my newsletter emails and I'll get it, or write to LibertyRPF on g mail.)
From memory, I think they mention that some hiring freezes affected AWS, but I don't remember any layoffs being mentioned. I could be wrong, or maybe new details came out since I last checked, though.
Absolutely fascinating how big of whiff big tech has had on recent R&D investments especially with voice interfaces, VR, and "metaverse". Can't fault them for their aggressiveness of investments; they have to ensure they aren't left behind with new innovation cycles. It seems like big tech is now vulnerable to disruption if they no longer have the luxury of investing significant FCF like they have historically.
Yeah, though I guess the old "if we knew what we were looking for, we wouldn't call it research" applies here.. I think some of them feel too certain that they know what the next big thing is and they prematurely scale rather than iterate quickly and try to get product market fit before going all in.
Though it's easy to be an armchair quarterback and criticize them, I'm not sure I could do much better myself ¯\_(ツ)_/¯
Agreed. I think it takes years for a market to discover itself, grow, and adapt (Phones, productivity software, cloud computing, etc). Seems like the big mistake has been investing too much in the discovery phase when something doesn't work out. Easier said then done. When does a product market go from discovery to hyper-growth and wide adoption?
Absolutely loving your content Liberty, would you be open to allowing us to share it with our 60k+ audience as well?
Thank you for the kind words! 💚 🥃
That's intriguing, how would that work? Can we move this to email (you can reply to any of my newsletter emails and I'll get it, or write to LibertyRPF on g mail.)
Fantastic, will do :)
Did the Amazon layoff include AWS?
From memory, I think they mention that some hiring freezes affected AWS, but I don't remember any layoffs being mentioned. I could be wrong, or maybe new details came out since I last checked, though.
Great blog! Just watched that EVH interview again a few days ago. Pleasant surprise to see it here.
Thank you 💚 🥃
Small world!
Absolutely fascinating how big of whiff big tech has had on recent R&D investments especially with voice interfaces, VR, and "metaverse". Can't fault them for their aggressiveness of investments; they have to ensure they aren't left behind with new innovation cycles. It seems like big tech is now vulnerable to disruption if they no longer have the luxury of investing significant FCF like they have historically.
Yeah, though I guess the old "if we knew what we were looking for, we wouldn't call it research" applies here.. I think some of them feel too certain that they know what the next big thing is and they prematurely scale rather than iterate quickly and try to get product market fit before going all in.
Though it's easy to be an armchair quarterback and criticize them, I'm not sure I could do much better myself ¯\_(ツ)_/¯
Agreed. I think it takes years for a market to discover itself, grow, and adapt (Phones, productivity software, cloud computing, etc). Seems like the big mistake has been investing too much in the discovery phase when something doesn't work out. Easier said then done. When does a product market go from discovery to hyper-growth and wide adoption?