Comment by throwaw12
2 hours ago
I think Pump should happen in any new industry.
Pump == experimentation/innovation, different people look at it differently, so you get variety of interesting ideas.
Dump == natural consequence of over-supply, in this case whatever is not useful, we will drop.
But to invent/discover new things, new paradigms, we need that Pump.
1. Look at age of computers, we had so many different architectures and computer brands with own hardware, now mostly converged to a couple of architectures
2. Operating systems, at some point everyone was writing operating systems, now converged to primarily 3
3. Programming languages, not converged to small number of languages, but there were bunch of languages, same with Databases
4. Frontend frameworks, converged around React & Vue.
5. Search engines
6. Social networks
We need that Pump
“Pump & Dump” has a very specific meaning here, something that is essentially a scam to cheat people out of their money, and not an actual honest attempt to create something new…
Pump and dump is not the same as competition resulting in winners and losers, it’s a grift by the losers to profit at the expense of users through deception.
And this is why the OOP article makes zero sense. How is Cursor a grift to profit at the expense of users? Users use Cursor because they want to write code faster. Whether writing code faster is an inherently good thing is up to the users. Was Visual Studio (premium version once sold at ~$5000, btw) a pump & dump?