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by rsanek
15 days ago
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What else will we blame interest rates for? I believe we're applying it as an explanation for far too many things. It is but one factor of many changing the mechanics of tech since ~2020: AI coding; big tech capex spending on AI; pandemic over-hiring hangover (mostly done); slowing growth of digital ad spending; TCJA section 174 (partly repealled, but still a thing). |
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