AK HN: Is the Era of Hackers/Startups Over?

7 points by legitster 8 hours ago

As a longtime HN user. I've noticed a drastic shift in the last few years in the industry. The glamour of a "hot startup" has gone away in lieu of the inevitably of big corporations and big platforms. Being a programmer doesn't seem as desirable or command nearly the respect that it did just a decade ago.

The "hacker ethos" seems to be in decline, for any number of interconnected reasons:

- The rise of AI

- High interest rates

- Dooming/decline of tech optimism

- Decline of the open internet and the rise of proprietary services

- Abandonment by tech leaders

- Diminishing returns of software on human productivity

- Generational changes

Does anyone else share this feeling? Temporarily or as a fundamental shift?

To that end, to what purpose is HN if the idea of a "hacker" goes away? It's hard not to understand the sudden shift of HN posts being political news, but what other topics are more broadly relevant to tech people right now?

BJones12 8 hours ago

It's likely cyclical. Check again in 2040.

The glamour of a "hot startup" was a side effect of ZIRP.

The glamorous 'day in the life' videos were a result of ZIRP.

Tech optimism was a dream that was only insulated from reality by the easy money of ZIRP.

The inevitability of big corporations is a result of them actually having to make money now, not just expecting to make money at some point in the distant future, is a result of higher interest rates.

Decline of the open internet and the rise of proprietary services is because companies want to actually make money.

Being a programmer doesn't seem as desirable or command nearly the respect that it did just a decade ago because tons of people who wanted easy money, because of ZIRP, became programmers and diluted the pool.

toomuchtodo 8 hours ago

Hackers will never go away, they will simply need to adapt to the ever changing environment in which they exist. But that is what Hackers do best.

JohnFen 8 hours ago

The hacker ethos is as strong, or stronger, than ever. It just has little to do with anything silicon valley is up to.