[analognoise]

If technical debt becomes outward facing, the market punishes those involved. As long as technical debt is something engineers complain about but can keep putting the fires out on, then it does make business sense (after a fashion) - a wiser or more apt management might arguably do better, but if it isn't sufficient to make a company uncompetitive then it can at least be argued to be a worthwhile strategy, especially if you get smart young people for cheap who are willing to work brutal hours and then you just replace them when as they wise up and burn/age out.

[yarper]

All sectors or organisations being "disrupted" have become slow moving or invested in the status quo. No quicker way to get slow moving than have huge amounts of tech debt.