[nawgszy]

I'm not sure if this is intentionally obtuse, but yes "tech" as a slang term doesn't mean "technology", it describes a type of company largely known for the prowess and scale of their user-facing software. This includes such entities as Facebook, Google, Apple, Microsoft, Netflix, and Amazon, but is not inclusive of course.

Tesla, on the other hand, clearly produces technological artifacts - quite impressive ones, at that - but they are not a "tech" company within the colloquial context you've stumbled into

[wtetzner]

> I'm not sure if this is intentionally obtuse, but yes "tech" as a slang term doesn't mean "technology", it describes a type of company largely known for the prowess and scale of their user-facing software. This includes such entities as Facebook, Google, Apple, Microsoft, Netflix, and Amazon, but is not inclusive of course.

Except I would argue that Apple is known more for its hardware than its software.

Also, I believe most people don't give a second thought to Netflix's software. It's the content they think about first.

[NikolaNovak]

It must be very context specific; I'm in IT, in an English-speaking country (Toronto,Canada), and don't even remotely think of "Tech" as "front-end user-facing software only". :-/

[nawgszy]

What kind of companies do you call "tech" companies then? I can't really understand the objection I'm facing, when people tell you their stock portfolio is heavy in tech do you really think companies other than the one I listed? I live in the Bay Area so maybe things are skewed to "local" companies but I held a similar opinion when I was still in Canada too...

EDIT: Just to hammer it home, search "is faang tech" and weep that "corporatefinanceinstitute.com" is on my side

[Shared404]

of course faang is tech. Your assertion was not "faang is tech" it was "faang is all that tech consists of". These are not equivalent, and I recommend you view [1].

[1] https://en.wikipedia.org/wiki/List_of_fallacies

EDIT: Just to hammer it home, view [2] and weep that money.usnews.com is on everyone else in this discussions side.

[2] https://money.usnews.com/investing/stock-market-news/slidesh...

To everyone else in this thread, sorry for feeding the trolls.

[Shared404]

I'm under 35, and would consider tech to include both hardware and software.

By your description, a company running a 5G network but no user facing software would not be described as tech. Surely you can't mean this.

[nawgszy]

That's exactly the distinction I was making. Do you call Ericsson a tech company? I certainly never hear them in that bundle.

Again, "tech" != "technology" in this domain in my view. It's the double-great-gp or so that says it, but "tech" in my view leans towards companies with humungous software outreach and data ownership, so clearly FAANG but also Microsoft, Palantir, data warehouses, that's the kind of thing I put in this "tech" bucket. It's a type of company that probably knows more than it should about a lot of things.

And again, this isn't the "Wikipedia" definition (which itself has context-based caveats...), but my opinion and experiences involve this being the sphere of companies one calls a tech company today. I apologize for my inflammatory tone in the other comment and hope I have explained my point, even if you hold a different experience

[Shared404]

I probably would call Ericsson a tech company honestly, though that would be a little iffy.

However, I definitely would call a hardware company (Dell, HP, Lenovo, etc) a tech company, and their software all sucks.

That being said, you have certainly made your point, and with your definition here I can see why you would think that way, even if I disagree. In addition I agree with the sentiment "It's a type of company that probably knows more than it should about a lot of things." Though I don't necessarily think this defines "tech", or that tech is the correct label, I do think these should get there own label.

As for your other comment, eh no big deal. We all make comments more aggressive then we intend every once in a while.

EDIT: I do think there is a difference between "tech" and "big tech", I think that "tech" would be as I described before, and "big tech"/"big data" is what you were describing.

[nawgszy]

A very agreeable comment. I think your edit surmises it pretty well actually. Take care!

[Shared404]

Same to you. Glad we were able to get to the bottom of this, have a great whatever it is when you read this!