Siliconned: How the tech industry solves fake problems, hoards idle workers, and makes doomed bets with other people's money
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.