1 Comment
User's avatar
⭠ Return to thread
Bill Cropper's avatar

Totally agree. As someone who works in the tech industry, I am often stunned by the sheer heights of confidence many CEOs have in the transformational power of venture-capital backed technology. One of the key dissonances between trads/cons and tech bros is that the entire industry is primarily driven by venture capital, a risky and often profligate form of investment which prioritises a 'growth-at-any-cost' mindset. The resulting odds on success for startups are pretty bleak, but failing to scale a tech startup successfully is actually viewed as a positive marker in one's career, as it shows you have that 'drive'. This comes back to your note on an absence of humility.

This seems at odds with traditional conservative politics and is certainly at odds with traditional wisdom traditions, which exercise restraint and self-control, something the technology sector is currently incapable of demonstrating. Unceasing, linear, economic growth and technological evolvement driven by investment vehicles like venture-backed startups can never really be one with the traditional conservative mindset in my opinion.

Expand full comment