Adam Dalliance on Nostr: JamesOBrien on the radio is asking why it seems like Veganism is becoming less ...
JamesOBrien on the radio is asking why it seems like Veganism is becoming less fashionable and all the new vegan companies from a few years ago are going bust.
Well, James, it's quite simple: This is how capitalism works.
First markets expand and get over-hyped and get over-investment, and then the markets consolidate as the market makes it choices over which it prefers and most of them go bust.
There'll be another hype-wave later, probably when interest rates come down again.
If you want to look prescient, say the same about AI: The flourishing exploding number of companies currently coming into existence will mainly go bust over the next half decade whether AI ends up ruling the world or not.
Well, James, it's quite simple: This is how capitalism works.
First markets expand and get over-hyped and get over-investment, and then the markets consolidate as the market makes it choices over which it prefers and most of them go bust.
There'll be another hype-wave later, probably when interest rates come down again.
If you want to look prescient, say the same about AI: The flourishing exploding number of companies currently coming into existence will mainly go bust over the next half decade whether AI ends up ruling the world or not.