Why Silicon Valley isn't innovative anymore

Do you know why there hasn't been a disruptive tech company in the last 20 years?

[zellagwalid]

+ 90% of the infrastructure that is necessary for such a disruptive company is owned by 3 big tech companies

[nathankempf]

Google has made a habit of buying companies and just shut them down after a while, and it's often companies with technology they could use or that directly competes with theirs

[HellaNorCal]

I live in Northern California. This is 100% true. In fact a lot of startups are created where the end goal is to be bought out by a big tech company.

[bandits]

The other thing that came out with the major layoffs in the last couple of years was the practice of overhiring to deny talent to the competition.

[dylanracho]

Remember kids: Don’t work hard for the big companies because they absolutely are not working hard for you

[AlwinMao]

by giving him advice opposite of facebook (the facebook to facebook, quibi to the quibi) he is secretly sabotaging the quibi.

[petervisser]

Like oil companies buying alternative energy companies and patents just to shut them down and keep the patents on file never to be used.

[xelusprime]

If you think a corrupt government is bad, wait till you see what an unregulated private corporation will do.

[kflorence]

Most of the time, up and coming companies are bought out by these massive monopolies for tens or hundreds of millions.

[kowboy]

Also some of those startups simply function with a hope to get bought out by the giants.

[nk]

Forgot the walled gardens, oligopolies, and monopolies. Apple literally told several companies that they could not make their own app stores or in app purchase processing because it would be "insecure". They have tons of dirty tricks

[justohird]

Robotaxi companies aren't being shut down in your way, it's just an incredibly hard problem that ford, Mercedes, Hyundai, BMW and Volkswagen don't think they can complete

[spuzzdawg]

I think all the robotaxi companies gave it up when they realised it was really really really hard....

[lonniesmith]

Well another things they do is called “regulatory capture” where they actually lobby for new regulations that they already have the capability of absorbing that a new cash strapped start up simply dose not have preventing even an attempt at disruption in the market…..though to be fair that is most major corporations so if you ever hear that some random big multinational multi billion dollar corporation is promoting “common since regulation for the better good” remember they are only thinking of keeping out smaller businesses from digging into their market and margins

[BoogTheGoob]

“Capitalism might have its problems but it encourages innovation!”
Capitalism:

[td]

Those companies went from robotaxis to adaptive cruise control not because of some conspiracy, but because it turns out you can't automate an infinitely complex system like DRIVING A CAR with image recognition and a few lasers.

[thrngaming]

Self driving car companies switched to ACC because it's more practical than self driving.

[ivanmit]

Nice callback to Facebook initially being called The Facebook 👀

[Sunny-jkss]

I’m angry at the idea that there are only 5 giants, it excludes companies like Samsung, LG, or even Tata for out of USA tech developments.

[ArthurvanHudt]

What I see most IMHO is that new start ups that might get disruptive are bought and then absorbed.