It feels like actual innovation in all sectors has slowed to a crawl, and corporations – especially the ones run by MBA parasites – are concentrating more and more on just squeezing money out of people with various bullshit tactics, while at the same time thinning their workforce (naturally the MBAs are never under threat, though)
Oracle was never really innovative on a technical level , it’s first and foremost a company focused on selling licenses, and they’re really innovative in that regard but if you fall for that as a company, I have no pity, this is their whole schtick.
Big companies in general are often rather conservative in nature while innovation happens on smaller scale and later expands.
The big problem is rather that a lot of innovation has been absorbed by the big companies via buyouts, especially when money was cheap to borrow. Innovation bears risk, buying an established solution and milking existing users much less so.
I don’t think the users are without blame. A lot of people ignore the red flags when a solution is just convenient enough (we need the commercial support / this exactly covers our use case so we don’t have to hire someone to adapt it / …) and the vendor then cashes out when moving away from his solution would be really expensive.
I think there’s still a lot of innovation lately, but a lot people are just looking for the next big thing that does everything it feels like.
I was a developer at Oracle. We got handed down sales goals. ??? It was a running joke in our org that oracle is a sales company and we just scramble to make what they’re selling. When I left half our org had been laid off or left. Only got two raises in the 5 years I was there. Not worth.
The big problem is rather that a lot of innovation has been absorbed by the big companies via buyouts
Which ultimately does seem to lead to innovation slowing down. The big players buy out any potential smaller competitors, and very often just outright kill the products / services they inherited in the acquisition.
Oracle was never really innovative on a technical level
Even their RDBMS and SQL was copied from ideas that came from IBM. And I recall either E. F. Codd or one of the SQL guys making a remark about Oracle’s less-than-saviour sales tactics, even back in the 90s.
It feels like actual innovation in all sectors has slowed to a crawl, and corporations – especially the ones run by MBA parasites – are concentrating more and more on just squeezing money out of people with various bullshit tactics, while at the same time thinning their workforce (naturally the MBAs are never under threat, though)
Oracle was never really innovative on a technical level , it’s first and foremost a company focused on selling licenses, and they’re really innovative in that regard but if you fall for that as a company, I have no pity, this is their whole schtick.
Big companies in general are often rather conservative in nature while innovation happens on smaller scale and later expands.
The big problem is rather that a lot of innovation has been absorbed by the big companies via buyouts, especially when money was cheap to borrow. Innovation bears risk, buying an established solution and milking existing users much less so.
I don’t think the users are without blame. A lot of people ignore the red flags when a solution is just convenient enough (we need the commercial support / this exactly covers our use case so we don’t have to hire someone to adapt it / …) and the vendor then cashes out when moving away from his solution would be really expensive.
I think there’s still a lot of innovation lately, but a lot people are just looking for the next big thing that does everything it feels like.
I was a developer at Oracle. We got handed down sales goals. ??? It was a running joke in our org that oracle is a sales company and we just scramble to make what they’re selling. When I left half our org had been laid off or left. Only got two raises in the 5 years I was there. Not worth.
Which ultimately does seem to lead to innovation slowing down. The big players buy out any potential smaller competitors, and very often just outright kill the products / services they inherited in the acquisition.
Even their RDBMS and SQL was copied from ideas that came from IBM. And I recall either E. F. Codd or one of the SQL guys making a remark about Oracle’s less-than-saviour sales tactics, even back in the 90s.
We’re at the end-times for western capitalism, where rent-seeking has become the primary driver of markets. It’s happening all around us.
Is that not all of them right now?
Probably the majority