The trouble in Silicon Valley goes far beyond the tumult at Twitter and the implosion of FTX; in the sixteen months since Facebook rebranded as Meta, the company has shed thousands of employees, including 11,000 in a single round of layoffs, and has extended its hiring freeze. Across DoorDash, Stripe, Lyft, Salesforce, and other companies, more than 150,000 tech workers lost their jobs in 2022 alone, and stocks have taken...
It might surprise you to learn that a non-negligible number of the people who write software for a living are socialists. There aren’t as many as the right would have you believe — how lovely to imagine a Twitter staffed exclusively by blue-haired reds — but enough, and more than there used to be. The reasons are probably not terribly specific to tech. The well-documented material factors that have been...