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CptFribble | 1 year ago

Megacorps being naturally risk-averse, and the lion's share of the rest of the capital being held by that banquet room, it's going to take one or a few scrappy startups hitting it big while also committing to WFH/etc to get the banquet to loosen the purse strings a bit and kick off a new wave of investment a la Web 2.0 post-dotcom-crash (which was coincidentally also post-oh-noes-outsourcing-1.0)

That plus a few years of new successes might get the megacorps to start hiring en masse and possibly see the value in WFH again, but it'll take a lot of these stars aligning to produce several new unicorns that can eat a few lunches to get there, which will probably take the rest of the 2020s and possibly part of the 2030s (based on the last time this happened, going from 1999 crash to the 2010/2011 renaissance)

If I was a betting man, I'd guess the first wave of new startups will be unifying a huge dataset of local info with AI into like the AirBNB-of-local-whatever personal concierge sort of thing, like OpenTable on steroids. but I'm frequently wrong, so ¯\_(ツ)_/¯

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