There is another dimension, which is mostly but not fully characterized as perseverance, but many times with an added dose of ruthlessness

Microsoft, Facebook, Uber, google and many others all had strong doses of ruthlessness

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woooooo 5 days ago | parent [-]

Metaverse and this AI turnaround are characterized by the LACK of perseverance, though. They remind me of the time I bought a guitar and played it for three months.

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throwway120385 5 days ago | parent | next [-]

When you put the guitar down after three months it's one thing, but when you reverse course on an entire line of development in a way that might affect hundreds or thousands of employees it's a failure of integrity.

	▲	aspenmayer 5 days ago \| parent [-]
		What if they’re playing a different game? I read a comment on here recently about how the large salaries for AI devs Meta is offering are as much about denying their AI competitors access to that talent pool as it is about anything else.

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whodidntante 5 days ago | parent | prev | next [-]

True, but I was around and saw first hand how Zuckerberg dominated social networking. He was pretty ruthless when it came to both business and technology, and he instilled in his team a religious fervor.

There is luck (and skill) involved when new industries form, with one or a very small handful of companies surviving the many dozens of hopefuls. The ones who do survive, however, are usually the most ruthlessness and know how to leverage skill, business, markets.

It does not mean that they can repeat their success when their industry changes or new opportunities come up.

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ghurtado 5 days ago | parent | prev [-]

> They remind me of the time I bought a guitar and played it for three months.

This is now my favorite way of describing fleeting hype-tech.