alt Hacker NewsWasn't most of that caused by that one change in 2022 to how R&D expenses are depreciated, thus making R&D expenses (like retaining dev staff) less financially attractive?
Context: This news story https://news.ycombinator.com/item?id=44180533
Replies
amirhirsch • last Sunday at 4:28 AM
Probably also end of ZIRP and some “AI washing” to give the illusion of progress
Yes! Even though it's only a tax rule for USA, it somehow applied for the whole world! Thats how mighty the US is!
Or could it be, after the growth and build, we are in maintenance mode and we need less people?
Just food for thought