"There is such an overvaluation of technology stocks that it is absurd. I would include our stock in that category. It is bad for the long-term worth of the economy."
--Steve Ballmer
There are several different types of pyramid schemes, so people are often deceived by the use of this term. Here is a humorous example of the more classical form.
Whether Microsoft can implode or not, we do not know for sure yet, but as we noted yesterday, layoffs have already begun and the company is headed towards debt [1, 2].
News Analysis. Blogger Mini-Microsoft says signs show layoffs coming to the software giant. The prediction: Jan. 15.
According to Todd Bishop, "A Microsoft spokesman declined to comment [on layoffs]." Analysts are not positive at the moment and answers may soon arrive. ⬆
Many sites will go offline and many social control networks will shut down once they realise or even openly admit they spend money and time gardening a bunch of bots and slop
it would rightly seem like the era of centralised "social" sites (they're not social, they're about controlling the users) is ending, not overnight but gradually
