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Comment by _red | Hacker News Reader

Well...FANG products have largely reached the point in development where new features are incremental and not closely tied to growth or churn in a meaningful way.

Not being dismissive, simply pointing out...what fundamental leverage does a developer have against inelastic customer demand? Are customer going to stop using FANG products because advertising feature 3.2.97 isn't added this quarter?

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It's feature 3.2.97 missed this quarter, but serious general stagnation in the medium and long term: if junior office dwellers replace senior workers from home moving somewhere else very little is invented, let alone implemented.

And with no one mentoring those juniors, it's very unlikely they will ever reach the same level of experience and knowledge to actually start making those kinds of impacts on the product or company.

The market is neither that local nor that global. I don't mean this in a "threat from China" way, but if US companies just look at the offerings of other US companies and the US labor market they might get blindsided again when it turns out that there's good money, good programmers and good designers in Europe and China as well, as it happened with TikTok.

In "theory" yes, as measured at scale. Whether or not such correlations really hold is up to a) your data science group, and b) the complex and political negotiation of optics by stakeholders.

I'm sort of kidding here, as I find your point sensible, but it may be a tough sell that demand is inelastic.

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